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Market Outlook Thursday

The VIX structure is still in deep backwardation and the market is selling off. Nothing dramatic, but sliding. And there is no improvement. Not even the earnings season which is surprisingly good (the earnings armageddon is not happening) is not able to save the markets. Expect more selling until the VIX improves. However, the markets may reverse suddenly and the VIX may be lagging so we need to evaluate any rally carefully.

Market Outlook Thursday

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