People still don't get it. NVX does not move based on fundamentals, nor does it move independently from the rest of the risk assets. NVX moves when broader risk assets (including cryptos and meme stonks) make a move -- it could be either up or down. For that reason, trying to find technical or fundamental reasoning that would explain why NVX is going up or down is moot.
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People still don't get it. NVX does not move based on...
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