Based on cycles, markets can experices a lot of fear int eh next pahse.

Stocks are down, but volatility is still relatively low, we need more fear and blood on the stock market before this one can stabilize, when least expected.
Puts are already at the extremes..
cycleanalysisEconomic CyclesElliott WavefearriskoffStocksVIX CBOE Volatility Index

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