Volatility Signals Point to Correction
https://youtu.be/x81B5P_U38o Brandon Chapman just flagged a volatility signal screaming correction. The VIX 3-month to VIX ratio hit 1.2 today. Skew is sitting at 130. Together those readings point to a 5% to 10% correction in the S&P 500 within the next 30 days. Brandon walked through the catalyst lineup tonight. CPI hits Tuesday. PPI prints Wednesday. Core retail sales land Friday. Then NVIDIA reports earnings next week. That report is the real pivot point. Dispersion rocketed up today back to the same levels we saw heading into Mag Seven earnings. Here is what Brandon is watching in tonight’s video: SPY 740 is a massive call wall holding price down. Brandon bought a 740/738 put spread for 50 cents and sold it for a buck. He doubled his money intraday as price reversed off the gamma level. VIX expiration Wednesday and monthly expiration Friday set up a volatility expansion. Brandon expects