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–SPX and the two sigma beast
–FED tone inflicts damage
–last week meme was back, now… fear and loathing
–investor psychology damaged goods
–/ES we lost 4211 in a hurry; 3931 on deck
–volatility has yet to awaken
SPX Expected Move —
–last week — 82.25 (expected move)
–next week– 107.81 (expected move)