The VIX and the Bond
This is the story of a champion
Runners at the mark and they pop the gun
Stand up, Stand up
here he comes
Tell me what it takes to be #1
Tell me what it takes to be #1
-Kanye West
Below is a chart of the Volatility index ($VIX). The $VIX is up 5.12 as I write at 51.47. Watch for the $VIX to break out of the upper channel which I have highlighted on the chart.
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In my last display of trader art, the 10 year (ZN M9) was stopped out.
The first attempt at entry did not work. The second attempt may work. Small risks for big rewards. That’s how we roll. When we Trade the Picture.
Peace






