joefridayvix4thlargest5daydeclineoct24

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The VIX just experience the 4th largest 5-day decline in the past 24 years. My good friend Ryan Detrick, shared the table above, reflecting the 5 largest 5-day declines in the VIX since 1990.

Premium members picked up XIV as the VIX was creating a bearish wick at falling resistance.

Joe Friday-  When fear gets lofty at key technical levels, short it!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past