Volatility Index discussion
VIX really in critical phase. what do you say?
VIX …momentum building on higher tf’s, been going on since July’s low print with extremely bullish divergence.
…today’s gap up could be attributed to a lot of factors. Regardless, indicators are pointing to strength on weekly/monthly charts. That gap should/could close fairly soon, if not tomorrow.
…today’s economic data showed us inflationary pressures, whilst earlier this week’s showed a weakening economy. As will tomorrow’s data re: NFP’s. Is all the data fabricated/skewed/twisted to shape the narrative? Possibly! Translated, these are early signs of stagflation which should be highly concerning and there’s definitely cause for concern for a host of reasons.
…will we see another rigged election? (as if they all haven’t been) **rhetorical**
VIX hit $23 as planned