The VIX Needs A New Catalyst
Volatility is exhausted holding these levels and is lacking a new catalyst. Inflation is fading everywhere and the consumer is weak. Sentiment will slowly start to shift back to Growth > Value.
Last week: “Silver, Gold, Oil, Miners(XME), Pure Value(RPV) and Rare Earth Metals. VIX is too high for no war. Add Nasdaq on serious weakness (-3%)”
The initial open in the futures tonight, Nasdaq -3%…
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