Vix up 45% in one week, Rsi back to neutral, down trendline far too steep. This has the makings of yet another artificial (fake) selloff before the gun to new highs.
You should make at least 400% return in a few days.
Sentiment: Strong Buy
Umm.. there are serious issues that will not disappear quickly and big profits to book. Buying here would be foolish.
This artificial selloff is so obvious even the hft machines are having trouble not to laugh. Way overacted here especially the RUT.
Better to buy half way through panic mode than at the beginning.
"down trendline far too steep" Yeah, that's what they said back in the fall of 2008.....
"Ya thats what they said back in the fall of 2008" - And if you would have bought it and held you would have made a fortune.