Opening gap not retraced yet

Updated
One thing we would like to point out is yesterday's opening gap in the Volatility S&P 500 Index. A failure of the price to fill the gap risks rekindling the volatility in the short-term future. As such, it is something we are paying attention to.

Please feel free to express your ideas and thoughts in the comment section.

DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Note
VIX continues to soar, marking new highs after the 1st September 2023 low.
Note
On Friday, VIX fell as low as $13.58, missing only $0.02 to fill the gap completely. This week, we will continue to pay close attention to the metric.
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend AnalysisVIX CBOE Volatility IndexVIXYvixzvolatilityindex

Also on:

Disclaimer