Voltref

The Godfather stands still

CBOE:VVIX   CBOE VIX VOLATILITY INDEX
While there has been a continuous rise in stocks to ATH almost daily, the power of volatility has been brewing. There is very little upside remaining in SPX (ES1!) IMO. the risk for 1%-4% more may not be worth the 10%-20% correction that is coming very soon. There will be a limit down day very soon, that is not an opinion but a very very likely situation. many will not be aware of this or prepared for it when it happens. As always trade smart, emotionless, and follow price. I have admired watching this run since march, however I have been out of most of personal longs since august. I have traded swings since then and allow my work here to guide others for the coming storm. Cheers.
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