Fed Strikes Fear into Markets

SPX and the two sigma beast
FED tone inflicts damage
last week meme was back, now... fear and loathing
investor psychology damaged goods
/ES we lost 4211 in a hurry; 3931 on deck
volatility has yet to awaken

SPX Expected Move
last week - 82.25 (expected move)
next week -107.81 (expected move)

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