VIX follows gas prices
Gas prices seem to have predicted volatility better than other assets in the past half year. Could the trend persist? Both VIX and NG1 are poised to grow on a separate action. The winter is coming which means surging demand for electricity. A seasonal increase up to $3 seems attainable. VIX could gain if the reversal of the uptrend in the market will occur, which is quite likely considering that main indices all climbed up to ATH which historically causes correction in their prices
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.