“If you didn’t laugh, you’d cry……..”
WSB users:(more…)
by u/Spare-Help562 in wallstreetbets
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No, no, this isn’t about my state of mind. There’s a limit to how much I’m going to turn this website into a lifelong therapy session. I am referring to the depressed state of the VIX. I am seriously stunned just how low this thing is going. As of this composition (within the trading day on Tuesday) we have matched the levels last seen in mid-2021, which was two years ago.

This could be bad. What today’s action may represent is, at long last, a completion of a massive inverted H&S bullish pattern which could blast the market, ultimately, to new lifetime highs. Or, as with last August, it could be a merciless bull trap. Id’ say the one big difference that gives the advantage to the bulls is the fact that the base is about five times larger than it was in mid-August.

Happy Friday, everyone. The jobs report came out, and it was relatively strong (forecast is the number on the right, and actual the number on the left).
