. Look at the VVIX today-it shows traders expect the VIX to be higher
The Cboe VVIX Index (the VVIX) represents a volatility of volatility in the sense that it measures the expected volatility of the 30-day forward price of VIX®. This forward price is the price of a hypothetical VIX futures contract that expires in 30 days..the SQQQ [3xshort] and Qid-[2xshort] are both back to their pre-crash lows–