HK_L61

OVX - Crude Oil Volatility to Increase 2X @ Minmum

CBOE:OVX   CBOE Crude Oil Volatility Index
The Gunslingers were lit up again.

OVX is just beginning its move Higher.

Oil can decline to as low as $35 was the OVX to repeat
the Sins of the Past @ 517.

Were it merely to double from here to fill the Gap, $57 OIL
was our of Target several Months ago... it may finally come to
trade barring any major disruption(s).

More $ is lost Retail buying the Dips on the way down than in
almost any other Commodity.

It is a Face Ripping exercise when Oil corrects to its intended FILL.

Any excuse will do, it is far more manipulated than any other Commodity,
including Gold - the Relic of prior Monetary Malfeasance.

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