Currently all the puts calls for April expired so the warm and fuzzy feel of fully hedged ( see vix did not move last week when market tanked down to 1300 levels) is gone and now new hedges/game plans are being deployed.. Hence the movement on VIX and indices..
So will look forward to end of day charts or tomorrow to see what the clear picture is.. Anything above 150D SMA would give us a clear hint.
MWJ got stopped out this morning.
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