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Sunday, October 3, 2021

SUNDAY UPDATE: THE VIX TIGHTROPE

“Welcome to the VIX nightmare!”

Before aggressive & overt central bank manipulation entered the picture circa

2015, financial markets were somewhat stabilized in terms of the expected VIX

… oh to be sure, the unexpected reports & surprises always come along to

bump VIX higher, but overall you could count on specific levels of VIX depending

on which market you were looking at … “well, throw that out the window”! … and

we see it time and time again now, where for example in FX, Cable one day has a

range of 55 PIPS, the next 49 PIPS, and then the next 140 PIPS … or the “Spoos”

[SP500], where one day you have 28 index points, the next 30 index points, and

then the next 85 index points, or even more than that … and about the time you ask

yourself what can possibly make any of this shit move, here comes the

explosion … only not while you’re awake and at your screen, oh fuck no that

would be too easy, it happens in the dark when nothing is open or the

“Chuckleheads” blow it apart while you’re sleeping in the Asian session … IMHO,

all part of the plan by manipulators to spread things out over different time zones

so as to EXCLUDE specs from the moves … “you gonna stay awake 24/5?

… yea, I don’t think so”!


So, we get “speed of light … crickets” in the markets, where VIX explodes one

second and then dies minutes later … who benefits from this? … sure as hell

ain’t regular traders! … nope, it’s the scumbag LP banks who never, ever get hurt

from these explosive moves, and of course the POLS, Apparatchiks, & regulators

with inside info … and what do we learn on Friday from ZH? … why, the THIRD

FED scumbag Lounge Lizard making millions on trades hours before a big

announcement that moved financial markets … the link directly below from ZH.


https://www.zerohedge.com/markets/fed-vice-chair-clarida-traded-millions-one-

day-powell-emergency-pandemic-statement


I guess it’s just another one of those “coincidences”, right? … like the other two

FED scumbags … they control VIX and put a cap on it, and then when they are

positioned “right”, Bingo!, Bango!, Boom!, here comes the “VIX brick” going

100 MPH.


Directly below the 20 Day Range MA’s for selected markets.


click on table to enlarge

Going forward, these are the markets I’ll focus on, with the “Spoos” & Cable at the

top of the list … all of these markets can be “winners”, but most of the time either

VIX is too low, the bid / offer spread at Turnkey is too high, and/or SLIPPAGE is a

major issue … crypto isn’t included in this list, cuz none of the crypto markets at

Turnkey is worth a shit, with unacceptable spreads AND ridiculous slippage on

fills … and when I say “ridiculous”, it’s past that to a place where you know you’re

getting screwed royally, so crypto is not an option for the PAMM.


It would be nice if the increased VIX of the last few weeks can be maintained

… Cable above 100 PIPS, and “Spoos” above 60 index points … we’ll see… onto

the week … “the future looks so bright, I need sunglasses”! 😎

… Onward & Upward!!


-vegas





 

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