This is one market that I can not call because there are too many factors involved. I just don't feel confident.
As I said the chart doesn't look good.
But the market is still down with Oils and the VIX dropping.
Quite confusing.
The market is down today for mysterious reasons?
Conversation
Maybe oil is consolidating after the spike and it's briefly skewing the correlation?
This volatility is ridiculous! 🤯 bring back the covid bubble!