Cup-and-Handle in the VIXY: Volatility Upside, Market Gloom?

Hello again Tradingview community,
Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea.
Thank you for taking the time to take a look :))
We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively suggesting a break downward in the overall market.
Despite the brevity of this idea, I intend to provide more detailed analysis and more engaging discussion in my future posts as time becomes available in my day-to-day activity. I am excited to engage further with my fellow traders, and thank you again for stopping by!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea.
Thank you for taking the time to take a look :))
We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively suggesting a break downward in the overall market.
Despite the brevity of this idea, I intend to provide more detailed analysis and more engaging discussion in my future posts as time becomes available in my day-to-day activity. I am excited to engage further with my fellow traders, and thank you again for stopping by!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
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.