VVIX - VOL of Volatility

Seasonally, Participation is reduced.

105 has been the Pivot for both higher and lower.

Call Premiums in VX ar 400% Put in a declining Structure.

Elevated.

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Pressure is mounting in a Full Retracement within the VX Complex.

What upends it...

No idea, but it will not be something already "Known"

And therein lies the Danger.