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VIX Everybody and their cousin was short. Chattering class kept saying record VIX short position from the COT reports each week. You knew it would unwind eventually. I gotta start swing trading that thing.
Putting old Wilbur Ross in front of the cameras explains the quick sprint up to the selling at 3083. I personally am beginning to think that after an entire year just maybe the townsfolk are getting tired of the White House crying "Trade Deal".
Futures Trader 71 warned this morning that he expected the White House and the Chinese Newspapers to be waging a war of press releases today jerking the market around. Positive he was not the only trader to be thinking that today.
congrats to the overnight swing sellers. yesterday intraday bears got a good run, today doesn't look like market wants to move much. hope it's not too boring. 3-5 handles day?
My comments are for entertainment/educational purpose only. NOT a trade advice.