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Daily r/thetagang Discussion Thread - What are your moves for today?
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- 8 months ago
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VIX is not supporting a move lower right now. Which is difficult to read on such an orderly down day. I find it usually means either there’s more downside ahead until the market capitulates, or there just wasn’t that much selling pressure to begin with. I think it’s the second option because there’s just too much strength in how many issues were advancing overall even as the market kept going lower. (NYSE breadth never even hit zero and NQ breadth barely touched it)