$VIX
Added 2024-09-11 14:45:13 +0000 UTC$VIX is up +10% now is above the channel, the 50 and 200 Day MA's now after the CPI data came in as expected.
Market has the last piece of data to confirm that a Rate Cut is happening now
There is very little need to keep the interest rates as high as they are with inflation comfortably below 3% now.....the Fed does not want to make inflation or deflation a bigger issue now
Higher highs and higher lows are being observed here now....so some options sellers are getting worried
