[UVXY] Volatility Matrix: Everything Still Lookin Quite Bullish!
Got so caught up in SPX I neglected the Volatility Matrix! Haven't even peeked since my last post weeks ago but everything looking great still.
We have Large BUYs on all 4 of these + VXN with only one of the 5 having any significant SELL signals, VIX, with a Small SELL and brief Short Entry Window (but still leaning pretty BULLISH overall).
This suggests an even greater likelihood that volatility will spike soon and adds more supporting data to my generally BEARISH view of the markets right now.
We have Large BUYs on all 4 of these + VXN with only one of the 5 having any significant SELL signals, VIX, with a Small SELL and brief Short Entry Window (but still leaning pretty BULLISH overall).
This suggests an even greater likelihood that volatility will spike soon and adds more supporting data to my generally BEARISH view of the markets right now.
Data analyst with a passion for best fit lines B)
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