Hype, Hope, Complacency
HHC is viral today.
Hype, Hope, and Complacency. This is a time for traders to be vigilant, be out of the market, watch for signs of cracks and then pounce. The S&P and VIX are key here with the S&P trading above initial resistance at 2570 and in the 2570-2620 sell sweet spot.
As of 10:00 AM CST, the VIX has an outside day going, Lower Low, Higher High, and hanging around the flat line. maybe a sign complacency is being questioned.