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TED Spread still remains high, Today Ted spread kept 431 base points. Credit Market still frozen.
It is likely market will pull back in next few days.
當 TED Spread 還把持在高位時，任何 Rally 都將是短命的。
VIX 不單峰。還會有一個次高的峰，預示著今後幾天市場仍有較大的下降空間。
在這個時候， 空頭，多頭都要小心。 但近期對空頭有利。
JM2C
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