VIX 1 Hr (SPY help)
If the bold pink line failes then we will see the bottom of the channel in the VIX and the SPY races to 280 area. If the Green line wins then you will see the SPY fall and VIX will be off to the races.
The TTM Squeeze will determin if we are going to head higher or lower but we are fixing to make a moe either way
If the TTM indicator starts heading above Zero in a significant way we should see this run and if it goes below zero the VIX will fall.
I have SPY puts, so I think the VIX is set to run.
Also, we have the inevitable .618 Fib level on the bigger run and the most recent run which resembers the Green and purple lines as well.
That Simple.
The TTM Squeeze will determin if we are going to head higher or lower but we are fixing to make a moe either way
If the TTM indicator starts heading above Zero in a significant way we should see this run and if it goes below zero the VIX will fall.
I have SPY puts, so I think the VIX is set to run.
Also, we have the inevitable .618 Fib level on the bigger run and the most recent run which resembers the Green and purple lines as well.
That Simple.
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.