VIX - VVIX into Corner

202
CPI Year over Year @ 4% / Month over Month @ 0.2% - a continuuing build for Inflation.

FED Bostic indicated "Inflation" is no longer transitory.

The Data supports his statement with the continuing build @ 2.4% annualized.


The FOMC statement @ 2PM EST will provide the Fuel for a potential Taper Tantrum.

The 3AM EST Prop on EU Session Open has failed once again for the 6th trading day in a row.

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VVIX will provide the corner for the Next VIX move higher.

FED Puffer, Jim Bullard - when stoned tends to provide insight into Reality.

FED accommodations are INFLATIONARY - teeing up the inevitable.

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Choppy trading into the FOMC.



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