$TSLA #TSLA Now down over 44% this month. Weekly gap below at $81.87 acting as a magnet. -Margin calls in full effect -Long-term holders taking profits before EOY -Short-term holders taking losses before EOY A recipe for an epic selloff.
SPX drawdown from the January high is 17.5%, but VIX/VXV is below 1. 2010 : -17% VIX/VXV -> 1.24 2011 : -21% VIX/VXV -> 1.26 2015 : -12% VIX/VXV -> 1.31 Feb. 2018 -12% VIX/VXV -> 1.33 Dec. 2018 -20% VIX/VXV -> 1.25
