Bullish VIx, at an inflection point.
Its been a while since we got to these levels on the Stochastic RSI for the VIX.
It is possible that we get a fast rally that's quickly faded on the Sunday futures open. But its not worth betting on.
I don't know geopolitics but the chances of this Taiwan shit escalating is significantly higher than it would have been say 10 years ago. America is losing its grip as the world police and its basically not taken seriously anymore, meaning china can get more ballsy.
I am of course taking this chart into consideration with my large ETH short.
It is possible that we get a fast rally that's quickly faded on the Sunday futures open. But its not worth betting on.
I don't know geopolitics but the chances of this Taiwan shit escalating is significantly higher than it would have been say 10 years ago. America is losing its grip as the world police and its basically not taken seriously anymore, meaning china can get more ballsy.
I am of course taking this chart into consideration with my large ETH short.
Note
Would also recommend staying away from crude futures for a while unless you really know your shit with geopolitics, which I don't. I very much want to be short at the moment as I have been for a while but the risk of a Chinese curveball is too high for me.
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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.