Some Random Additional Evidence

Adding some thoughts to the post from earlier. I had some of these jotted down, and forgot to add some of them. But, I think they’re also worth considering, so I will just run through them quickly here.


Volatility

It is a bit ominous that the $VIX will not give up this green trend line beneath it. The fact that we have been unable to, despite the magnificent rally we just had is telling. I was expecting a big rally (much later in time) that would crack this trend line, bringing us into a volatility regime change. That was part of my bull thesis. Instead, we got the tremendous rally early, but no volatility regime change. That makes me think this might now go higher.

VIX

Read more “Some Random Additional Evidence”


Note: When articles are first published, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced (or to join my Discord chatroom), please consider becoming a patron. Note that there is a 7-day free trial period. More information may be found on my About page and on my Patreon page.


$VXX Approaching Important Technical

$VXX is approaching a trend line that goes back to Volmageddon. If it pokes above it, I don’t expect it to last too long, perhaps like the last time to our left.

VXX


Note: When articles are first published, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced (or to join my Discord chatroom), please consider becoming a patron. Note that there is a 7-day free trial period. More information may be found on my About page and on my Patreon page.