During major market meltdowns, analyst predictions start flying around like sushi on a conveyor belt in Tokyo, with some even daring to whisper the dreaded words: Black Monday in Tokyo. While we're all hands on deck in plunge control mode, it remains a heated debate whether the Tokyo stock sell-off is truly the spark that lit the fuse. However, despite the uncertainty, there seems to be enough fear in the system for the TOPIX to take a further dive through the volatility/systemic channel.
Amidst this turmoil, most traders found themselves at the mercy of electronic markets that handle VIX shocks as well as a cat handles a bath. To navigate these choppy waters, I deployed my Star Wars algorithm—think of it as the financial market's version of a lightsaber, designed to slice through the chaos and sell in any market condition: up, down, or sideways. Because in this galaxy, not so far away, it's sell or be sold.