I had said in a earlier post( see link to Related publication) that Vix is indicating we will be in 2022 style market and so far indeed it is, except for the breakdown from the wedge last week.
Expect the price to fluctuate within the wedge to consolidate before a breakout
The comparison shows close similarity of the wedge and path (except last week)
Expect the price to fluctuate within the wedge to consolidate before a breakout
The comparison shows close similarity of the wedge and path (except last week)
Order cancelled
Today price breaking back substantially, below the wedge a second time, Pattern cancelled and no more bullish scenario. Wait and watch now. Related publications
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Related publications
Disclaimer
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.