Volatility metrics are pointing to short vol trade -> long SVXY
This volatility barometer takes signals for 12 different metrics. We are back to a short volatility trade (until we aren't). But I just watch this signals and stay nimble. Contango or backwardation is helpful but not the entire story.
This is a helpful site:
vixcentral.com/
This is a helpful site:
vixcentral.com/
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