Goldtent TA Paradise

$VIX Monthly Is Saying Global Central Bankers Have Won

1. EagleSeagle says:

   July 8, 2016 - 2:06 pm at 2:06 pm

   Looks as if the VIX is going back to 10…

   • JenkinsLane says:

     July 8, 2016 - 3:09 pm at 3:09 pm

     Agreed. I’d deleted the IH&S pattern I had for SVXY before but it’s looks like it’s still roughly valid so we’re game on for SVXY at ~$83. 5-1 reverse coming up for UVXY so the price don’t look so bad.

2. DaveintheUK says:

   July 8, 2016 - 2:52 pm at 2:52 pm

   Have the won? Or have they just promised more monetary inflation for the time being – before CPI inflation ticks up. When commodity rises hit the CPI, this might become difficult to continue.

   • JenkinsLane says:

     July 8, 2016 - 3:08 pm at 3:08 pm

     Complicated. IMO they will not tolerate a significant SM correction if there is anything they can do to prevent it. Aside from that, IMO TPTB would love to have inflation running at 5%-7% for 10 years provided that said inflation also filters down to wages; it’s either inflate away the national debts or default on them, no other option. The latter means a permanent end of the status quo and TPTB are only willing to relinquish their power when it is taken from their cold, dead hands.