The market continues to sink. The VIX has spiked up to the point where we might see a rally attempt. The statistics for SPY have still not returned to stationary after destabilizing a year ago. See the chart of rolling stationarity above. (I briefly discussed stationarity back in January.)
In summary, we could be in for many more months of choppy action with significant surges up and down. Send out an S.O.S.
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