August: Stocks gapped down, VIX surged, low on Monday. Today: Gapped down, complacency, bounce likely week’s high. The big boys are liquidating their market positions
Compare to August. On the Monday after the jobs report, stocks gapped down and the VIX exploded. Monday open was the low of the week. Today, the market gapped down amid relative complacency. This morning BTFD bounce could be the …