The chart is saying we have a breakout.
I have not checked the news today, but it is saying there must have been some bad news or increased uncertainty...
Perhaps there is not much added value in reading the news and looking for explanations when this gap candle says it all.
I wonder what is causing more volatility nowadays: Trump tweets or covid cases?
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Today's VIX spike was brought to you by the letter K. For Kudlow.