It is no secret, when the major indexes move down, the VIX goes up.
We can see the inverse correlation quite easily as the VIX had a major bearish wave, from Sept. to Nov., just as the DJI and SPX moved up.
Now the VIX bottomed late November and this week closed above MA200 and EMA300.
The first green week in multiple months.
Ok, let's predict the future.
The VIX will move first to 27.90, easily.
It can go higher and hit 30 and also higher... 33. Midterm (1-3 months).
Long-term (3-6 months or longer) ... Above 43 and even 58.
Ok! Let's just wait, nobody can predict the future... And these are just codes... You are looking at squares and lines on a screen... Really?
We will see!
Thank you for reading.
Namaste.
We can see the inverse correlation quite easily as the VIX had a major bearish wave, from Sept. to Nov., just as the DJI and SPX moved up.
Now the VIX bottomed late November and this week closed above MA200 and EMA300.
The first green week in multiple months.
Ok, let's predict the future.
The VIX will move first to 27.90, easily.
It can go higher and hit 30 and also higher... 33. Midterm (1-3 months).
Long-term (3-6 months or longer) ... Above 43 and even 58.
Ok! Let's just wait, nobody can predict the future... And these are just codes... You are looking at squares and lines on a screen... Really?
We will see!
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.