Vix last week forms this great pin and looks likely to rally higher next week after a pullback, so what is this telling us about upcoming events? the higher VIX rallies we usually see a reversal in the SPX500 Indice, so I added this to the chart and we can see we are currently trending downwards. A high VIX usually implies Investors are cautious of the market and a reading above 20 implies high volatility, If the VIX is to rally as this chart suggests, we could see a real fall in the SPX, Interest rates are beginning to rise in the US, the FED also wants to cut down on the balance, after the enormous spike in Inflation since 2020. If Stocks start to fall even sharper over the next few weeks, expect the $ to really gain some strength aswell.
