Humble Pie is a Strong Buy!!

Clickbait is not easy..

VIX has jumped above the flip level.

Yesterday’s move triggered our ∆4 “black line of doom” — a tongue-in-cheek way to describe a move that gets people talking.

However, it has yet to trigger anything meaningful on the daily chart.

As you can see from the top chart, we are only -0.05% from trend. Looking back a couple of months, we can spot the lonely yellow bar.

Will we see a replay?

Who knows?

Some positions were closed following yesterday’s move, bringing our closed equity return for this portfolio experiment to 22.3% since last November, when we started.

You can find the position changes behind the paywall, along with a more detailed internal market view.