$VIX has gone quite uncorrelated

    Posted by timebandit on 18th of Dec 2023 at 10:25 am

    $VIX has gone quite uncorrelated this morning. As Matt has noted, the bands are getting very tight.

    yes it's been building -

    Posted by matt on 18th of Dec 2023 at 10:30 am

    yes it's been building - like I said, the VIX is getting reaedy for some kind of pop either way with those pinching bollinger bands on the daily

    and as I stated on the weekend the pop could go in a variety of ones. One would be just a straight up reversal and strong up day. 

    another possiblity would be a fakeout bull trap where the VIX pops hard to the downside for a couple days, then reverses hard - I've seen that many time before when the Bollinger Bands are pinching - there's a quick head fake drop then reversal

    we'll see.. Nothing changed with the trend yet, but definteily something to monitor

    $VVIX also

    Posted by timebandit on 18th of Dec 2023 at 10:28 am

    $VVIX also

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