Thinking the
SPY
has topped out at these levels.
Considering the amount of noise bond yields are starting to make, there is only so much the fed will be able to do to keep the bond market calm,
MOVE
while also keeping the dollar from taking off,
DXY
. Expecting a relief rally over the next week or two, before it forms the right shoulder and tops out.
If it does break out and sets new highs, I tip my cap off to Jerry and the printing press going brrr, because they will have actually done something impressive.
Specially with volatility taking off, here are ideas for the
VIX
and
VVIX
SPY
has topped out at these levels. Considering the amount of noise bond yields are starting to make, there is only so much the fed will be able to do to keep the bond market calm,
MOVE
while also keeping the dollar from taking off,
DXY
. Expecting a relief rally over the next week or two, before it forms the right shoulder and tops out. If it does break out and sets new highs, I tip my cap off to Jerry and the printing press going brrr, because they will have actually done something impressive.
Specially with volatility taking off, here are ideas for the
VIX
and
VVIX
