VIX surge from 15.57 to 27.6 and SPY's 3% drop mirror Dec 18, 2024 event.
What changed
FROM A VIX COMPRESSION, & SPY PRICE ACTION SCHEMA THE DEC 18, 2024 EVENT MOST RESEMBLES TODAY'S PRICE ACTION. SPY FELL NEARLY 3% THAT DAY & THE VIX WENT FROM 15.57 TO 27.6. IN ADDITION, SPY FELL $2.60 AFTERHOURS ON DEC 18 TO A LOW OF $583.7🤝 HTTPS://T.CO/J5HLZAQT3H — VIA @MARKET_SLEUTH