VIX Really Forming A Definitive Base

VIX is now really forming a solid definiitive base. I was surprised to not see it climb as much yesterday due to the new events; however, I was reminded these types of reactions to such massive affairs sometimes take days or weeks to fully realize. Plus the institutional funds rolling in have prevented any type of predicted crashes…just delaying the inevitable.

At any rate, VIX is forming higher lows and climbing steady. We might peak today, then cool off once more, and finally, take it into overdrive in 2-4 weeks’ time.

Good luck trading all.