Daily chart of VIX (volatility index) is retesting trendline breakout, will CPE data on Friday serve as a catalyst for more upside (thus driving RISK to sell off) ? It also has an inverted H&S pattern targeting much higher - which coupled with CPI/PPI high readings last week (inflation ticking back up) and strong economy readings NFP/ISM data (allowing FED to stay with raising interest rates further) makes sense for markets to reprice their low estimate of 5% terminal rate from FED to much higher, maybe 6? Which in turn should send USD higher and INDICES, GOLD, CRYPTO lower? Also notice momentum is switching back to positive after a prolonged period of negative momentum period (lower oscillator) check out signature where to find us and discuss this live.