UVXY
Updated
14.86 / 14.46 / 13.89
UVXY continues to ride the Weekly Rail South.
The Volatility Complex remains under complete control
at present.
It is tempting to wade in ahead of the FOMC for traders.
It is ill-advised - we see how the NQ/VXN Arbs are trading.
VXN makes New Highs / NQ hugs the 15950 with runs to the
HWB @ 15967 Sold Intra-Day.
____________________________________________________
Patience on VX Complex - VIX / VXX / UVXY
UVXY continues to ride the Weekly Rail South.
The Volatility Complex remains under complete control
at present.
It is tempting to wade in ahead of the FOMC for traders.
It is ill-advised - we see how the NQ/VXN Arbs are trading.
VXN makes New Highs / NQ hugs the 15950 with runs to the
HWB @ 15967 Sold Intra-Day.
____________________________________________________
Patience on VX Complex - VIX / VXX / UVXY
Comment
Money Flows into SPX ES SPY approaching ATHs again.
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