After VIX's massive breakout this past few weeks -- rendering the market helpless bringing forth a bleeding season, VIX is bound for a major drop after tapping a strong resistance level.
That parabolic move should warrant a weighty trim down ahead in the next few weeks.
Expect markets across the board, from equities/crypto/fx majors/gold to bounce big from here on.
Ideal opportunity to enter here relative to your preferred asset to trade.
Spotted at 27.85
Interim target 20.0
Mid Target 15.0
Trade active
There ya go as expected. -)
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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.
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.