“That time you wondered where OIL VIX went to!”
Well, it looks to me like OIL VIX is done for the rest of the year … maybe I’m
wrong, but put a fork in it cuz it’s done … no reason to even look at oil until we
get well into 2020 … VIX is hugging 7 - 8 month lows … meanwhile, BTC is
holding steady above $7K, but today is a non event as the range is quite low
[so far].
This is what happens when “intraday VIX” dies … if you continue to trade like it
was there, you’re making a big mistake, cuz all that’s gonna happen is you’re
gonna get chopped up … you just have to leave these markets alone until
conditions improve … blog update on Sunday… until then mi amigos
… Onward & Upward!!
Have a great weekend everybody!
-vegas
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