The VIX Index is in the 20's as the market smashes record after record of endless highs.
It should be like 8
But covid has taken this tool away and distorted it.
Traders/Investors are twice as scared as in history and that causes them to buy protection and that's super Bullish
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One fascinating fact is covid has totally changed the market and made it Extremely BULLISH.
I used to use the VIX index years ago "Old School".
Everytime the market reached record highs.
The VIX would drop silly to like below 9 and then we knew the market would drop for sure.
