HK_L61

VIX - PRCE OBJECTIVES

Long
CBOE:VX1!   CBOE VOLATILITY INDEX (VIX) FUTURES
30 /38 / 45

We favor the 40s during the dirty second drop.

Algos are working the limits of the Falling Wedge.

The VIX-Plosion is dead ahead as resolution is less
than two weeks away.

The lower compression in Range lows will see a dip-in
as often occurs to shake out the weak hands.

Cruse Oil should see follow through in the coming weeks.

We are beginning to accumulate and reposition our VIX Curve
entries and will post them here as they are filled.

Bonds are about to reverse throughout the Longer end
which continues to Flatten and turn down, indicating a
very large contraction in Economic Activity.

Divergences are frankly astounding and being ignored
by the Chasers, who although ONLY playing in options
on balance - are weak hands there as well.

Gamma only goes so far this Friday.

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