There's a fly in the ointment. Some conflicting signals. Well, do we ever gets an all-clear???

    HYG is down today, and not small (0.7%). But i think VIX still wins out because so many people pay attention to this breakdown and becomes more bullish.

    I would say the $VIX

    Posted by ssaffer on 24th of Apr 2020 at 03:52 pm

    I would say the $VIX would be a better indicator of overall market sentiment.  A lot of people short or on the sidelines waiting for the next big drop that might never happen.   I am not a true believe until way stay above the 50 day MA on the SP500 for more than a day.  I need a couple of days to prove the strength of the market.  

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