VXF - Roll M1/V1 VXZ into next Wednesday

There are complications into next week.

In order to avoid the Dramas associated with these opposing forces - permit
me to infer the extremes have never quite been this degree of a Cluster F_ck.

Fail on Drama, apologies

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An "offsides trade" is again forming as I see 4X Negative Divergences begin to Form
once again on Larger Daily and Weekly Timeframes.

Delta is being hedged - simply not in a way most are paying attention to... typical
and opportunity.

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I am seeing 2 very distinct patterns within the Delta Squaring.

Both create immense Risk of what should be referred to as the Cascade Trade.

The over/under will depend on how aggressive the Operators become today, should they
be unable to unwilling to support Price today, it is a very large Negative Omen.

There exists a Protection Trade well below and not above.

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\We will begin to see which way this breaks shortly - Roll/Settle remains ahead.

Within the Pivot, whichever way it breaks ST will reinforce the Trend.