If you look at the VIX, it hasn't stayed below the 200 mva for more than 3-5 days since Feb of 2007. The VIX touched this mva yesterday. Friday just so happens to be 3 days after the VIX touched down. Funny how the jobs report is scheduled to come out that day. To say we're at a critical technical point is an understatement.
I believe this week will act as an interim 'top' and it should start another wave of volatility. Hopefully. It'll be more fun that way!
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