The idea is long VVIX vs VIX in this relative pair trade,
Expecting a big spike in short term implied volatility.
This will mean SP500 to test 3,400-3,300 level range.

Ratio target 5.00
Beyond Technical AnalysisChart PatternsSPX (S&P 500 Index)Trend AnalysisVIX CBOE Volatility IndexVVIX

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