Does This Crude Rally Have Legs?
Real Vision: Finance & Investing
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The Equity Retracement Rally Is in Motion
Maggie Cevallos: I do think that this equity. Retracement rally is in motion, but this is very much the absolute or sort of a development based on what we've seen for the last two weeks. We drove the VIX in the in the mid 30s extreme tick index prints greater than 1500 on the lows every single day. The A.I. Bears index all the way up to 60 which is like a seven to 10 year high with everybody getting full of fear and loathing down at the bottom. And I think that think that what we see now is the market dynamic of shorts having to cover into a market where there's nobody interested in selling anything
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