Post op-ex weekly tends to be volatile so this seemed like a good time to check the VIX PDQ and the VIX Rotator models. I’ve made some more adjustments to the PDQ template and will shortly offer the VIX Delineator package, which includes the signal panel shown above. This data is of Thursday EOD so the PDQ has us now in the third day (today) of a Short VIX position with a predicted average excursion period of 7+ days. On the 4 hour VIX Rotator it’s clear SPY and Qs volatility are in lockstep. Oil volatility is on a relative upswing while gold and Euro volatility are on a downswing. The SPY, shown as the shaded background, remains in a uniform uptrend and the Prognosticator is forecasting even more upside potential for SPY. Monday’s a holiday but big POMO every day for the rest of the week lends credence to this view.
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