Don’t want to get too voodoo on you all but I’ve observed $VVIX rising without $VIX rising several times in the past and it leading to a day or two of $SPX selling off. $VVIX (vol of vol) has made higher highs the last four days and put in an outside reversal candle higher today. Couple that with the shooting star death candles $ES and $NQ made today we could be setup for a disappointment tomorrow on a hotter than expected core PCE print. We see, just observing and ready for all.
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