April 9th, 2025 just gave us the biggest single-day point gain in $SPX history.
Not percentage. Points. Still matters.
This is what capitulation looks like when it reverses. When everyone's been positioned for the worst and the market decides otherwise, you get moves like this.
The velocity tells you something about how oversold we were, how much panic was baked in, how many stops got triggered on the way back up.
Historic days don't happen in calm markets. They happen when fear breaks.
Not percentage. Points. Still matters.
This is what capitulation looks like when it reverses. When everyone's been positioned for the worst and the market decides otherwise, you get moves like this.
The velocity tells you something about how oversold we were, how much panic was baked in, how many stops got triggered on the way back up.
Historic days don't happen in calm markets. They happen when fear breaks.
