When Will It Stop?

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The VIX got beat down yesterday on the heels for a giant S&P 500 rally.
The S&P 500 was up 76 points or 2.66%
The VIX closed at 31.25.
A 31.25 VIX implies a daily move of less than 2% a day for the S&P 500.
This would mean that today, we saw a rally that moved harder than the VIX closed
Essentially, VIX is making a big bet on the market continuing to calm down. 
But, if the S&P 500 rallies like it did today, should the VIX drop?  No…and it won’t.
VIX tries to be forward looking but still reacts to movement in the S&P 500 in the end.  If the SPX keeps charging, the VIX is going to pop.
More likely, I think we could see a strong rally met with MORE VIX selling when the SPX finally takes a day off or two to drop.
Do I think we could see a 40 VIX again?  YES.  I DO.  ESPECIALLY if cases of Covid-19 pop.  
But for the time being, I think we could see some smoother sailing higher.
There are some really cool trades right now based on what the VIX is doing. 
I am going to share 1 TONIGHT at my Trader’s Prophecy Event.  
The VIX Traffic light is RED meaning we expect VIX to be LOWER 30 days from now.

Your Only Option,
P.S. – I’m super stoked about giving you tonight my crazy trade you’ve never seen before. There is a reason you do these crazy trades that I wrote you earlier about. In short, they work…they have edge…Come find out how to always have this kind of crazy edge!

Check it out here and sign up below when done!

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