HK_L61

VVIX - 105s - * VERY Important for 30 Calendar Days to 11/21/21

HK_L61 Updated   
CBOE:VVIX   CBOE VIX VOLATILITY INDEX
The VVIX was cornered to the 105s, as soon as this Level was violated the
100 Level.

Gaps were filled on the VIX M1 October as we began to Settle November.

This left a lower Gap for the settled Front Month / M1 - November.

The HIgh Low Close - 16.10 / 14.70 / 15.35 for October Settelement.

The HIgh Low Close - 19.70 / 19.30 / 19.325 for November Settlement.

This occurred October 19th - Wednesday.

Spread on Close = 400 Ticks - this is the present Gap Fill for the M1 / November VIX.

It is quite large...

and the ALGOs will fully lever this spread into November... which means the
potential for Higher Equities Complex.

They have set this up perfectly.

Be aware - Higher Prices can exceed the ATH's, it is not only Possible but Probable
given the Roll Yields.

Weekly Indicators remain Bearish, but this is subject to change.

______________________________________________________________________

Patience into Settle was suggested, as we now know the Game.




Comment:
The VIX has had a Daily Price Objective @ 12.25 for over a year.

Will it be complete... in 2021... it well may.
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