This volatility maybe here longer, but is it panic time?

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VIXY is my go to fund for seasonal analysis. This regression in the markets is timely, but I am not sold on the so called crashed theory. I think volatility is here for another 3-4 months but the markets hold the line. In 3-4 months the range will be briefly broken to favor bear strength, but the bear trap will be set and the market begins a massive roar to the upside.
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