VIX under 30 didn't last long

Compare side by side the behavior of VVIX and VIX over the past two weeks and you'll see that VVIX demand held steady (positive divergence) while the VIX made new lows under 30, setting up the nice squeeze we saw on Tuesday.
squeezeSupply and DemandSupport and ResistanceVIX CBOE Volatility IndexVVIX

Evan Medeiros
Founder, Trade Risk
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