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![alshfaw Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::777152191425642496.png) Astro Zan [@alshfaw](/creator/twitter/alshfaw) on x 10.5K followers
Created: 2025-07-25 18:19:39 UTC

$SKEW. The last piece of the puzzle! 
Finally, the SKEW Index which measures tail risk is reaching a high it hasn't reached since early March during the tariffs ordeal ⚠️ 
The SKEW prices risk of a Black Swan / unexpected events / $SPY Crashes, as downside protection increases, along with implied volatility. 
Once the SKEW reaches its highest target level, the MMs start selling SKEW, bringing both it and $SPY down. Now at $160, while pre-Feb crash it reached $180, but the risk now shouldn't be as high,  so SKEW should peak soon. The chart shows resistance at $XXX.
$VIX should go up when this unwind begins. 
Almost there, the last piece, everything else is ready.  

$QQQ $TSLA

![](https://pbs.twimg.com/media/GwuQuZRWkAACwJS.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948810393125900314/c:line.svg)

**Related Topics**
[spy](/topic/spy)
[vix](/topic/vix)
[events](/topic/events)
[tariffs](/topic/tariffs)
[$skew](/topic/$skew)
[astro](/topic/astro)
[$spy](/topic/$spy)

[Post Link](https://x.com/alshfaw/status/1948810393125900314)