From what I can see this morning so far:
A neutral options volume in the first 30 minutes with EXPLODING VIX reading to 51.13 high is a sign that everyone is frozen and afraid to sell calls or sell puts.
Either their capital is too much at risk already or the fear makes them back away from the market.
I would view risk as 2% on this or 2 DIA points, but I'm only willing to lose 1 pt hoping that I get it right. It is possible we go into a free fall also for another 5% or 10% today, so I don't want to hang my entire reputation on this buy signal.
Just "calling it how I see it" from the sidelines.
10:13AM
DIA still 100.07 bid, quiet since my buy signal a few minutes ago
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