SVXY - Trending Higher

SVXY is in a clear uptrend and trending higher. With SVXY trading near it's trendline, volatility is likely to remain low for now. What this means is that the first leg down in the SPX selloff is nearly complete. Daily

$SPX - Further Pullback

SPX has been soft and looks to have room to pullback some more in the short term. Volatility is relatively low but there are some negatives coming this Fall season. Traders are back at their desks now and may trim some holdings. Weekly