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VIX Tops 20 As Dow Plunges 500 Points, Breaks Key Technical Support

Courtesy of ZeroHedge. View original post here.

Update (1315ET): Losses are accelerating as VIX surges to its highest since January.

VIX is back above 20

Treasury yields are at 6-week lows…

And The Dow is down 500 points – breaking below 26k and its 50DMA…

But Trannies are the worst on the week…

*  *  *

Update (1200ET): No dip-buyers yet…

Dow is back below 26,000, looking to fill that March gap…

VIX has exploded back above 20…

*  *  *

Update (1100ET): Things are getting worse in stockland… Nasdaq futures have plunged since the initial opening bounce, back below yesterday's lows…

Trannies are the worst post-Tariff-tweets, down 2.5%.

*  *  *

Treasury yields are tumbling as US equity markets re-plunge after some overnight gains on Liu headlines.

Dow futures are down over 300 points…

Dow futures are back below the 50DMA…

But Nasdaq futures are the laggard, near yesterday's lows…

And Treasury yields are back below pre-FOMC levels…


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