I think this is also why we are seeing things like VVIX/VIX ratio below the lower Bollinger Bands for a buy signal - normally that occurs after a pullback not at all time highs - this is probably a reflection of the uncorrelation VIX

    What has gotten my attention

    Posted by timebandit on 3rd of Oct 2025 at 09:13 am

    What has gotten my attention about this $VVIX:$VIX ratio is when you throw a correlation indicator on it, it is now both outside the lower band AND -0.99 correlated to $SPX. I've been looking back to see if it has ever happened before and haven't found it. But I can't dive any deeper into it this morning

    Despite VIX uncorrelations capital still

    Posted by mitchell on 3rd of Oct 2025 at 09:25 am

    Despite VIX uncorrelations capital still flowing into high-yield bonds. Until that changes its petal to metal. 

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