VIX has a long gun loading time.
But right now, two oscillators on the weekly chart look very bullish at once.
It would be strange if within a month the gun didn't start firing upwards.
Ok, I can't tell you the exact time frame, probably some day in the fall it will happen.
For comparison, I've indicated similar patterns for winter 2020.
But now the oversold is much more severe according to WT_CROSS.
But right now, two oscillators on the weekly chart look very bullish at once.
It would be strange if within a month the gun didn't start firing upwards.
Ok, I can't tell you the exact time frame, probably some day in the fall it will happen.
For comparison, I've indicated similar patterns for winter 2020.
But now the oversold is much more severe according to WT_CROSS.
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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.