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Trump Says Dollar ‘Getting Too Strong,’ Won’t Label China a Currency Manipulator President leaves open possibility of renominating Fed Chairwoman Janet Yellen

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OriZ   3,165

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37 minutes ago, X Factor said:

Yes. The vix as well as the /vx futures. When the near term vix futures is higher than the longer term fix futures there is downside risk. Also when the volatility of the vix or the $ VVIX is over 100 that clearly signals downside risk. These are symbols on Thinorswim platform. The market was pricing in Geopolitical risk which did occur.  

Right, but I think they were pricing more than geopolitical risk. As you know, it's mostly technical. They were purchasing protection like crazy, what do they know that we don't? Every instance like this in the past that I've seen ended up with much more than the 3% or so off the top that we're currently at.

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