ridethepig | VIX Market Commentary 2020.02.23
Here we are tracking the massive breakup in Vol; this is looking dangerous and is right on time with Coronavirus kicking in. This was forecast miles in advance (see charts below) and has followed the mapped flows flawlessly since the previous swing we began tracking earlier last year:
The sweep of the lows was a textbook example of clearing the board to open up the runway towards 38 and 85. We can continue to just keep recycling positions in the same levels and same direction. The price drivers keep telling us that; US Equities will also receive a major hammer as they are complete dislocated from reality.
Good luck all those in VIX from the lows... a flawless +60% position in the @ridethepig portfolio so far from the infamous "Capitulation Waters".
Thanks as usual for keeping the support coming with likes, comments, charts and etc!
The sweep of the lows was a textbook example of clearing the board to open up the runway towards 38 and 85. We can continue to just keep recycling positions in the same levels and same direction. The price drivers keep telling us that; US Equities will also receive a major hammer as they are complete dislocated from reality.
Good luck all those in VIX from the lows... a flawless +60% position in the @ridethepig portfolio so far from the infamous "Capitulation Waters".
Thanks as usual for keeping the support coming with likes, comments, charts and etc!
Comment:
+50% !!!
