TVIX, daily
UVXY, daily
Summary
*first, an update on the VIX
Notably, the VIX weekly MACD (blue bar histogram) cycle is now negative for the first time since early August.
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As for TVIX/UVXY.. after last weeks horror, considering the main equity market today, it was a truly lousy day for those still resolutely long-volatility.
It is one of those instances where market volatility will continue to cool, even on a day where the market was broadly flat.
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*I have ZERO interest in being long VIX until the next FOMC.
