What is my point?
Just saying that options are on the rise for . This fear index have the potential to rise further. Dearest Donald Trump have created a path for it to rise further.
I have used a 55EMA to break the price into / bias in this case. I am expecting the to rise to 14.0. Which means S&P500 is going to drop. ( inverse correlation)
I am not trading this but this gives me a better view on what USD is going to do and how it affects the overall forex markets.