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A Chinese saying (Hey, I’m a Chinese, how come I don’t know this saying?), beware what you wish for, but I swear I didn’t wish for a reversal day in last night report. Anyway, bears got their reversal day but a follow-through tomorrow is more important and base on the tricks I see so far, bears might not get it. Just as you all know that recently almost all my tricks stopped working, so don’t read too much into them.
When both SPX and VIX closed in a red the same day, 17 out of 27 (63%) times recently a green day the next day.