VIX Broke Up Trendline
Updated
VIX Index broke Up Trendline which might lead to reaching a level similar to GFC 2008.
By broking Up Trendline, VIX now has a tendency to fall to a level that indicates a normal risk during the normal period, not a risk during a crisis.
I expect VIX keep falling to a level of 50.
By broking Up Trendline, VIX now has a tendency to fall to a level that indicates a normal risk during the normal period, not a risk during a crisis.
I expect VIX keep falling to a level of 50.
Trade closed manually
As VIX is well below 50, it means the Market sees a relatively less-risky situation.I don't think we should monitor VIX closely for now.
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