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10.17.22 – MONDAY MARKET OUTLOOK

Market Outlook Monday
 

The stock market skyrocketed on Monday again. It gained 2.63% but as you can see in the above VIX structure, the market participants remain bearish and the VIX is still in backwardation. I suspect that today’s rally will fail again unless we see continuation and change in the VIX. Until then, expect this rally to be sold off.

 
Market Outlook Monday
 

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