TradingView
HK_L61
Sep 3, 2021 11:31 AM

VVIX - 30 Day Forward Volatility - Vol of Vol 

CBOE:VVIX15
CBOE VIX VOLATILITY INDEXCBOE

Description

⋅
Today presents an opportunity for Volatility to expand or contract significantly
at approximately 12:30 PM EST.

VVIX is calculated using the implied volatility of out-of-the-money (OTM) put options
in the VIX itself.

The VVIX is defending the Counter-Trend Long. It presents downside risk for the
Equity Complex is approaching.

@ 8:30 AM EST
Average Hourly Earnings
Non-Farm Payrolls
Unemployment Rate

9:45 AM EST
Final Services PMI

10:100 AM EST
Final Services PMI

The Federal Reserve Coupon Purchases
$0

__________________________________________________________________

It is important to note the Data will beat.

Unemployment benefit Drop-Offs will assure it.
In addition, people returning to work will assist
the numbers.

This will create an interesting and potentially
dangerous reaction.

The Fed's 1/2 Mandates is Full-Employment.

It implies one of their goals are being met.
In addition, it implies increased probability
of them carrying forward with their indicated
"Taper" of MBS/Bond Purchases.

It is not "Bullish", quite the opposite.

Expect the "Delta Variant" to be front and
center today as the parallel excuse to be
bantered about for continued support of the
Equity Complex.

The Spin will be full tilt.

___________________________________________________________________

We have 3 Gaps below on the Indices.

Each Instrument treaded Resistance during Globex and although
we have been making higher highs and higher lows...

It appears things are about to change given the VVIX's Bid for
protection on the 30 Day Curve for Puts, the VXX supports this
as well.

The highs remain unbroken, they can be as it's Friday, a low
participation Day, as well it is the last day of Summer Trading.

The FED is steeping aside today, with No Bond Coupon Purchases.

Volumes continue to dry up.

It will be up to BR/VG to hold this hot mess togher.

Wish them Luck in this effort.








Trend AnalysisChart PatternsTechnical IndicatorsVIX CBOE Volatility IndexVVIXVXX
Comments
HK_L61
⋅
EU Session Close removes Liquidity @ 11:30 AM EST>
HK_L61
⋅
VIX Curve looking solid.
HK_L61
⋅
Out on a Limb here... Selloff at 10AM EST.
HK_L61
⋅
4450 new ATH Fails.

:)
HK_L61
⋅
BLS cooking with Fire again, ADP isn't the issue.

Morae Cocaine as Employment Mandate has been met.
HK_L61
⋅
Good news is Bad News.
More