VIX is now really forming a solid definiitive base. I was surprised to not see it climb as much yesterday due to the new events; however, I was reminded these types of reactions to such massive affairs sometimes take days or weeks to fully realize. Plus the institutional funds rolling in have prevented any type of predicted crashes…just delaying the inevitable.
At any rate, VIX is forming higher lows and climbing steady. We might peak today, then cool off once more, and finally, take it into overdrive in 2-4 weeks’ time.
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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.