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WizdomSeekerr
Aug 4, 2022 8:40 PM

VIX crashing down, same pattern from 09-11 Short

TVC:VIX1M
VOLATILITY S&P 500TVC

Description

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VIX crashing down, same pattern from 09-11

Check chart and you will see it's doing the same pattern. We are at a bit above $21, I see Teens coming soon sub 20 and sideways on the low teens.

This lines up perfect with how the market is reversing up. This alone should provide transfer of liquidity from VIX to Market
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Comments
Audio777
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Thanks wiz :)
WizdomSeekerr
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@Audio777, Anytime my man
WizdomSeekerr
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Nailed it!
SpikeDumont
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Steve VanMetre just talked about this, on his Micheal Burry video! wow im getting chills you are ahead of the bunch! Cheers!
Thank you!
kalospec
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If it is the same pattern, it would be so easy right? Something unexpected has to happen
WizdomSeekerr
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@jetalictic, You're right! except different dynamics and you can't discredit the psychological impact of the environment now vs then. It's safe to assume most either calling it quits.. aka selling or shorting due to world conditions and every bank/economist barking recession. It's exactly a repeat of March 2020 recession barking... and look what happened recently? Another surprise to the masses.

This is the times to long, these type of environemnt/news pushes people away not to long the market which makes it easy for me and my other rich buddies to long the fear.
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