Example of Volatility Futures Dictating the Market, Again

Curious why there's a hold-up?

It's S&P volatility, once again. It is weird though; don't see much "volatility" at all.

What I have seen many times throughout this rally is that VX futures hold back the market from moving, and it is both strange and boring to watch.

Seems Fibonacci exists everywhere, especially in the Vix-ish domain. The idea that the cross between laughably random EMAs may seem like a joke, but it is not.

TradingView does not have hourly calculations, but this is close enough. Investing.com has precise measures, so you can watch the world's most boring show there if you are uncertain about where the market is heading.

Just going to wait for the crossover before celebrating because I have seen this story drag on unnecessarily long too many times.

VIX
SPX

Komen:

Here's the live stream:

invst.ly/r1vuv

Komen:

*static image

Dagangan aktif:

Here is the latest snapshot. We are close to a crossover.

Komen:

invst.ly/r22zd

Get ready for magic-impulse-bull super wave that makes "no sense" intraday.

This ain't a fight between bears and bulls. It's just a symptom of a broken volatility index.