They're Just Giving it Away

Jan 11, 2021

Risk protection is looking incredibly cheap right now. We're making higher lows, though, and looking ripe for another spike. Let's see how the week progresses, but I suspect once we cross the upper green dotted line, we're going to see a notable correction on the Majors, and Vix back in the mid 30's. If we see continued downward pressure on markets as February approaches, Vix is going to a 40 handle, which is my personal target to exit my UVXY and HUV positions...