An expansion of volatility is coming; the attempt to step against the flow of Covid chapter II is reckless to say the least. According to my models, we have unfinished business to be done at 85 once more. I will continue to hold longs and look to add on dips for example towards 25, or enjoy a momentum gambit when we see the breakup.
This idea is very similar to the same struggle we had in Q1.
The stratagem of a contraction in globalisation is illustrated via an expansion of volatility . Buyers opened the attack position in a +600% move as capitalism surrendered. Sellers are already on their last legs.
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A quick update to the VIX chart:
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⚠️ Eyes on the breakout... this is not healthy for the real-economy!