Volatility breaking out higher
Looking for collapse to accelerate. Vix will reach 50 soon. Markets falling on moderate volumes. No significant professional buying yet. Low will be set in through capitulation and retail liquidation. Low will be made on negative news and with spx making a panic 5% move down in a day. No sign of climactic volumes or price action yet. Drop is orderly. Wide spreads and close on lows locking out retail traders. Nasdaq breaking into year lows. High chance of dead cat bounce. Sell into strength. Add to shorts on spx, russell, nasdaq, dow, Microsoft, apple, tesla, bitcoin, oil, twitter at Wednesday open.