The $Cboe Volatility Index(VIX)$ just had its largest 1-day decline EVER.
Here are the other 6 largest 1D VIX drops along with what the $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ did next. 👇
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The $Invesco QQQ(QQQ)$ saw its biggest daily inflow in 4+ years yesterday at over +$4B.
Definitely a lot of Hedge Fund short covering and overall repositioning $NASDAQ 100(NDX)$
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