Billionaires/hedges make most of their moves in after-hours when retail hands are tied. Last night was down 4.5% at one point.. they all dumped before retail could and gobbled up that retail money/trillions the government printed during covid (last 3 sell-off days)...
VIX 70-90 might be a signal of a bottom. And potentially a good buy opportunity
VIX just went above 50. Not close to 70 yet