VIX - (VXX) Settles tomorrow - VXZ @ 96% Tomorrow

Unfortunately, although the Spread has been cut in half, there will
remain the usual Gap Fill to complete as VIX INDEX (Cash/Spot)
will square Price at the end of tomorrow's Session.

VXX will equal the VIX Index.

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Wednesday's will show, surprise, another Gap on the Continuous Contract.

The Gap will be at the 4 PM EST Closing Square Price.

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UVXY Fans will not be amused once again. As the UVXY will be front-loaded
in new Decay and perhaps new Lows around 13.89, should 14.46 let go.

This is why the UVXY spends the majority of its time going South.

Unless, of course, there is an Event, then... Katy Bar the Doors.

Katy is a known Degenerate.

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Time to trade the VX Complex passed last week, a Retracement did
not develop, although by appearances - it did appear Probable.

Wall Street taketh away.

The One time a Month the Vix can go Vertical came and went.

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Where does this leave us?

Where else, defensive with a healthy dose of patience and Cash.

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On a Positive note - An accident is very close. China's got Probs,
Bigguns.

Actually the "positive" would be simply a gain in Position Capital.

Positive... yeah, naw. Not at all as, bad arrangements - Este es Muy Mal
por Hente in Todo.

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Probability favors a consolidation, but Tuesday has been ALGO Grinder
day for months on end, so we shall see how Yields behave at 8 AM EST
tomorrow, prior to placing any Degenerate Bets @ the Flamingo.

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Today behaved as if Price is Consolidating.

For What, Magic 8 Ball suggested - "Ask again later"
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