
adam|Jun 29, 2025 16:47
I'm pretty sure at this point that some could drop an atom bomb (preferably on France) and the stock market wouldn't really care.
VIX/VIX3M spread in the peak greed territory while SPX closed above the ATH last week.
While the volatility in ES futures is still not at extreme lows, the possibility of a fast correction in these conditions is increasing.
I personally feel like this can also negatively affect Bitcoin, which has been showing signs of relative underperformance in the last week, especially, and has turned into stablecoins due to a suppressed amount of spot ask flow this week.
Coming into the new week, I remain long but am very open to flipping short if we start to lose some lower-timeframe levels.
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