A VIX ‘Breakout’, Heavy Dollar Technicals, BOC Volatility and Recession Signals

[BECKHAM]

The markets carried over greater market activity this past session with the VIX clearing its two-month descending channel and the S&P 500 extending its slide; but systemic trends will still be difficult to form from here. Yet, that doesn’t preclude volatility in ranges like the Dollar-majors or from event risk like a BOC hike.

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