We have had a few false signals but this has been the best long signal so far in a while. That said, it isn't a perfect one but significantly more robust than the one 2 days ago. There is the possibility this potential bounce gets sold off into again. I would have preferred to see VIX spike harder and to see more intraday range on equities but this is a pretty good start.
Sitting very long via SPY/ IWM and seeking at a few day bounce.
CPC spiked again and perhaps this time it will lead to a meaningful bounce
Treasury yields once again spiked down like two days ago. When it overshoots the trendline like this, could be sign of excessive fear and exhaustion.