On Thursday 8/27 we highlighted a surge in $VXX buzz on wallstreetbets and 4chan in the pre-market.
Our algo crawled the comments and showed that Jackson Hole was a large part of the wallstreetbets conversation. So we cautioned that the surge in bearishness may just be nervous bulls hedging ahead of #JPow at the Jackson Hole event.
We'll see next week but that is how it played out this week- a round-trip, not a breakout:
We also highlighted $SLV surging along with the event at Jackson:
One had to give and it was $VXX. $SLV and our Brrr Index broke out. The Brrr Index measures conversation of inflation, currency debasement, and related hedges:
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