The tiny dip on SPY is a trap.
Shorting VXX is the trade for today. Be greedy when others are fearful.
There is no real news today, just hype of fear. VXX will tank any minute from now.
So that people can stop wondering why there is no buyers.
Longs, don't pretend to be surprised when you see 180. This market is as giddy as it could possibly be. The visible hand can use (create) any bad news to sell this market. The question is when, not if.
Most likely we will close below 187 today.
We will re-test 180 in two weeks.
Pump and dump using international tension as excuse. Smoke and Mirror at its best. Short Vxx too if it shoots up for whatever ridiculous reason as well.
If it does not bounce back at 180, the next stop is 165 sometime in April.
Getting ready for the descend. We are a little ahead of schedule.
No one is willing to leave the money on the table over the weekend, esp. the trading computers that make up 80% of trading volume today.
This is the one.