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Well, it’s Sunday morning, and time to chime in on the VIX-heading-to-single-digits market of ours. I’ll just share a few words about each of the charts below.
First, the Dow Jones Composite: steady as she goes, I suppose. It has cleared its trendlines, and although it might, on occasion, ease back to that blue supporting trendline, there is nothing particularly vulnerable about this chart.