We are now officially in OVERDRIVE. Our VIX Oscilator has breaken out the first time to the upside since the beginning of the series which makes it unusual. The only comparison we have is on the downside from last year, which suggest some wild gyrations for the immediate future.
This raging BULL can run for onther week or so but the the likelyhood for this is decreasing by the day. This is like a streched rubberband and Mr. Market pulls day by day. The counter move should become explosive.
Will the stress tests be the catalyst ?
Will we experience a buy the rumor sell the news event ?
Mr Market will show us.............
....also allow for the possibilty of a "DOUBLE" like we saw last year on the downside, meaning a sharp downside correction the next weeks followed by a relentless upside ENCORE on the into late summer.
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