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The S&P 500 fell 4.36% in a day, AI trades completely unraveled, and the VIX surged 70% in a day—this isn’t a pullback; it’s a crowded trade looking for an exit. With Democrats sweeping the midterms, the market cut the most expensive trade first. The day it doubled, people most wanted to pile in; it’s the same now, just in the opposite direction. More in the comments. #SP500


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