5 minor waves followed by a major correction. Seem to be consistent in the last 10 years.
Note
Third week of downward pressure on the market. Should see a new local high.Note
Vix is trending lower after rejecting the second resistance line. We must be a few months away from the next considerable correction.Note
We're retesting the upper trendline. Breaking out could be the beginning of a larger market correction.Note
VIX broke out and hit 30 today. Historically, it never hits 30 once though.Note
Vix hit 60 today!Note
In a historic event, VIX hit 65 and drops to 15 in a straight line, marking the biggest bear trap in history of the market. Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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.