Market Thought
The market is pretty oversold and sitting on some support, and the Vix is pretty overbought still at a resistance area.
Within this downward trend I still believe the VIX needs to go higher, and to signal the overall bear market to be completed, the Vix needs to be much higher. But within this current down move, the market may consolidate upward.
I covered all my market shorts, and I am just waiting for the market to consolidate from this downward move. Will look to add AAPL Jan 160 Calls today.
