The weekly ADX indicator is sitting at 8 (NO TREND) at the same time VVIX reached it's lowest value since March 2017. EXTREME COMPLACENCY can be presumed. A market without fear is DANGEROUS. Either markets continue higher in the face of continuing rate hikes & QT or markets SELLOFF & VIX spikes catching everyone offsides. I go with the latter. Expecting VVIX ADX to SURGE WITH $VIX. Protect your #kingdollar. HEDGED for crisis with
UVIX $UVXY. GL
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.