Everyone is assuming this is a bear market and everyone is looking for a capitulation with huge volume and VIX through the roof to confirm a bottom
That is certianly one of the possiblities
But another possiblity is, we just finished the first wave of down turn (which is wave A), and coming up next is a B wave bounce, taking us back to 6800-6900, and then a bigger C wave coming down, which is where true capitulation will take place.
Or, market can just go higher from here to a new ATH, and bear market wont come until 2027
Market has many possiblities, we just have to make adjustment and take the signal it presents to us, instead of making our own predictions.
