MBCC TH 27th Aug'24 - "Seasonality and $VIX into September, is the market making a double top or start of a new trend higher?"

In 2007…market fell 12% in July then rallied all the way aggressively to make a double top and then rest is history as markets fell 40%+ all the way through 2008…

So is today like 2007, is this the double top or start of a new trend.

what is the trade in September and why has the S&P 500 fallen and rallied so hard - DERIVATIVES!