Ok, I'll stop after this one.The other day I said trade...

Ok, I'll stop after this one.

The other day I said trade patterns were congruent with those leading up to a sell event and I've been looking for the trigger.

Last night was as good as I've seen so far, which means I'm either going to be very right or spectacularly wrong.

Saw heavy insto sells on open on BNKU, BAC, PNC, USB.

To go with that saw a pretty heavy long block into VIX around the same time.

Yesterdays liquidity event was brought to you by the 'bank stress test' which all bank MMs would have known the outcome prior to Ann.

Am now long VIX, short banks but looking for more opportunities today.

Again, make sure you DYOR cause momentum certainly isn't in favour of these positions.

Godspeed bears...