Sentiment sucks here.... but the thing is the vix and the uup want to go "Wave 3" in an uptrend. and that means the market downtrend wants to go "Wave 3".
The vix is 27 or so... so if it keeps rising... that means the maximum range for the day is down 30 SPX on the day.
I don't mean to ..... Sentiment sucks but... they didn't know that yesterday...
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