Trendline has been broken.
- We can now see one of two scenarios: Consolidation or Sell.
- A sell could simply be as shallow as a normal correction 5% - 10% or a deeper selloff.
- A deep selloff however would need the VIX to rally higher, over 20 but def over 16 minimum.
- We can now see one of two scenarios: Consolidation or Sell.
- A sell could simply be as shallow as a normal correction 5% - 10% or a deeper selloff.
- A deep selloff however would need the VIX to rally higher, over 20 but def over 16 minimum.
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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.