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Market Outlook Wednesday

On Wednesday, the markets started showing weakness and that was confirmed by the VIX futures as they were still in backwardation. Remember, the first two months of the structure of the future are what matters the most, and the first two months are clearly heading down. This indicates traders (big money) buying protection, hedging their portfolios in expectations of further declines. The markets erased almost all yesterday’s gains and I expect this trend to continue (lower).

Market Outlook Wednesday

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