Peeking Into The Future Through CoT Report: Futures, Noncommercial Buyers, How Hedge Funds Are Positioned

Just ahead of VIX’s Aug. 5 spike reversal tagging 65.73 intraday, the weekly RSI rallied to low-70s . The metric went sideways at the median for a few weeks, lifting off this week to 62-plus. This is a positive sign for volatility bulls.