For the bears, the VIX is cramming itself into the bottom of a bullish falling wedge which is part of a larger bear flag pattern. Strictly-speaking it has only been backtesting the perimeter of that flag, testing it for support, so it could pop at any moment.
If anyone asks you, why, dare say, are you not bullish given the enthusiasm the markets are demonstrating, your answer should be: "I am bullish. Bullish on the VIX."
Have a great weekend.
If anyone asks you, why, dare say, are you not bullish given the enthusiasm the markets are demonstrating, your answer should be: "I am bullish. Bullish on the VIX."
Have a great weekend.
Note
I said a larger bear flag above, but of course it's a bull flag.Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
