does this thesis still hold true if UVXY spikes this week with the Greece + Ukraine worries? i.e. once this short term volatility fades do you still see a movement towards $15 continuing .. or does the whole charting aspect of this prediction run amuck? tks
I think since this was posted 20 days ago, the indices did achieve new highs. Vix is starting to spike again due to good job numbers last Friday. So let's see what happen this week. I am betting Vix will rise but I could be wrong.