This will get interesting as Price begins to resolve the Continuous Contract for the VIX M1/M2.
The prior October Range: 14.70 -24.00
As November begins to square Price is within the Window for the potential of the VIX reversing
Up @ 9.89% of Settlements.
Effectively placing Price in a Desert, a nowhere landscape.
The Monthly Trend is quite Clear with a lower-Price Objective @ 12.25.
What happens this week will provide further insights into whether 4/5 is complete and 5/5
has begun, or we see something entirely different.
Longer-Term TF's favor the Latter for now.
We shall see.
The prior October Range: 14.70 -24.00
As November begins to square Price is within the Window for the potential of the VIX reversing
Up @ 9.89% of Settlements.
Effectively placing Price in a Desert, a nowhere landscape.
The Monthly Trend is quite Clear with a lower-Price Objective @ 12.25.
What happens this week will provide further insights into whether 4/5 is complete and 5/5
has begun, or we see something entirely different.
Longer-Term TF's favor the Latter for now.
We shall see.
Nota
17.40 - 24.00 typo
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.