IIs are not involved at this level. To get their input, the pps would have to rise substantially AND be less inclined to enter runs and dips. Consistency with an upward bend is what IIs look for. VXIT not there yet.
I remain confident that VXIT management intent is to attain such status sooner than later.... but right now, they remain VERY speculative.
Only longs here now with such expectations as well as short term/day traders are in the fray. Even they, at this moment are a bit skeptical. VXIT HAS NOT SHOWN IT WORTH yet. The delay is making us all go crazy.
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