The VIX has been accumulating in the blue rectangle for 4 months and I expect to see some reaction from the lows, coinciding with the arc.
VIX has been beaten hard recently and has been trading extremely low. Only the beginning of 2020 did we see lows similar to this.
This is not trading advice, just an idea.
Cheers, and good luck!
VIX has been beaten hard recently and has been trading extremely low. Only the beginning of 2020 did we see lows similar to this.
This is not trading advice, just an idea.
Cheers, and good luck!
Nota
We've seen many H&S set ups in the past, only to be bear traps. However, with so many indexes aligned, alongside the VIX being at the lowest point in over 3 years, I can only be sceptical with the current bounce in the market. IMO, we'll see a pretty huge correction, before making ATH again. Before we see a true market crash once rates begin to be cut.
Nota
Expecting a substantial correction back down again.Please see my latest SPX post.
Dagangan aktif
Going according to plan. It has recently tested the arc again, from which I expect a reaction up, meaning that the stock markets should be going down.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.