Voltref

The Godfather is ready

CBOE:VVIX   CBOE VIX VOLATILITY INDEX
Its been a slow push sideways amidst a few inductions, but the table is open from here until mid April for a potential explosion. WTI Crude was one of my first clues over the weekend it touched right near 57.35 before stabilizing near 60.3 now. Along with the relentless push of DXY, there is a real chance for a massive correction. If DXY stays over 92.5 on the weekly close, it can hit 94 very fast. My initial pullback target would be near 3680 in SPX before I would be fully ready to buy heavily into tech for a massive push to 4100+. There is a false narrative still alive with "BTFD" and while over time stocks will grow, this chop in the first 4 months of the year have shown that people are relying heavily on this and will continue to buy wherever the market takes this. THIS is not healthy. Many investors will be eliminated completely in the times to come, but for now? enjoy this pullback by PREPARING for it. stop gambling on every new SPAC that comes out, do your own DD and always hold a reserve of cash to buy the lower prices coming soon courtesy of VVIX. Watch the signs of price action and the inevitable news about the middle east or tightening interests rates back home. These things will be the precursor of what is to come. As always be smart, patient, trade with your head not your heart, and ALWAYS trust price above all else. goodluck. Cheers.
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