VVIX - Vol of Vol Building Strength
Though it is early, VVIX is actually building bullish momentum on a day when the VIX is being crushed. The VIX is currently below 20. This market has tail risk and it may take something big, an outlier, to break it. So far it looks as though this hidden strength in vol of vol could unleash something soon, potentially in the fall of 2022. To be continued...
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