VXN - 4 Hour / Prior Highs 30.24
The Apex is refreshed from a 1-hour Chart showing its Zenith in the lower 31s.
What is fascinating about the VXN - imminent change in the index occurs when
a Prior Range is broken and a Price Objective is Exceeded.
This is followed by a rapid rise in the Index when it moves through after Backtesting.
The Delta HEdge needed the lowest possible FILL for the VX COMPLEX.
The VXN volatility index is now at a fairly high level, where it will provide - 1 of 3 outcomes
1. Continue an exponential move higher
2. Complete APEx and retracement to Support.
3. Reverse on the Secondary High
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Given the outright Fraud in the Q3 Reporting and repeated Gamma Squeeze since September,
Collapsing Confidence - UMICH @ 500 Sample Size / Upcoming CCI 3000 Sample Size and
reduced Liquidity.
Any Panic will have a cascading effect.
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There are a great many very Disturbing possibilities.
