weve slightly gained in vix, and the ftz from top of short leads out to where uvxy should make its low sub $4...
if we examine the capitalcom vs finra we see that contango in vix is still coagulating around a major demand zone low into its decay. i still think split will be bullish for vix, but perhaps we clear the pop in fomc, and the loose steam is actually...
as you can see the awesome oscillator for uvxy short volume is about to go negative. the last time this happened was the corona dip. when short sale volume plummets, a squeeze begins that sends uvxy flying. the logarithmic scale helps accentuate this divergent phenomenon. i expect this means we are headed for another leg down in indices. as we enter fibo time zone...
