chart backs me up
but once you understand the relationship of vix futures selling at a premium to vix you can trade thsi thing
when the vix futures premuim starts to contract it mes vix is rising obviously but there is still a range you must knows its not hard and will give you the edge
here you see it vix rising over ten days while futures(UVXY) sideways and dropping a bit meaning the big boys paid up premium futures to hedge portfolio as vix cash rises the gap is closed is how you use that as an indicator
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