India VIX - Showing signals to become cautious
India VIX is trying to break out of a diagonal trendline resistance along with crossing the 200EMA..if that happens we could be in for high volatility times.
Time to be a little cautious esp heading into uncertain times (Biden policy, India Budget).
As for me i plan to scale back my trading positions and not buy more into my investment holdings for now. Rather wait to see what happens over the next 7-10 days.
Time to be a little cautious esp heading into uncertain times (Biden policy, India Budget).
As for me i plan to scale back my trading positions and not buy more into my investment holdings for now. Rather wait to see what happens over the next 7-10 days.
Penafian
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