[SITREP] Volatility ‘Backwardation’ Says Relief Rally ENDS, China Couldn’t Care Less About Trade

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Loving Brazil, China looking to make a deal (as it takes over the world), Fed needs to shut it, VIX is flashing RED

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Oliver Rios says:

the other kicker that people arent watching is SKEW ( tail end of vix that allows for outsized moves) is at an extreme low. another is VVIX or the implied volatility of volatility is at an extreme low. that being said based on VVIX volatility is cheap

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