VIX daily - opex weekend at 28th FebWe are heading into an OPEX this 28th of Feb.
Volatility is running and seems like fear is all over.
Crypto is crashing and people are talking about fear and losing everything....
Well, the big whales are buying the dip and Eric Trump just tweeted about buying the dips.
For having a bottom process, it is essential to see the TVC:VIX hit that 23-25 area while its #RSI should be around 70 on the Daily chart.
In that way, we are more likely to have the bottom area and see the market turn and hard.
The US10Y is now at 4.3% which is going down and pushes the NASDAQ:TLT to higher prices.
I lean to the local bottom around 580-585 in the AMEX:SPY with a nice capitulation move that seems to be coming exactly with the OPEX and with liquidity issues in the entire market and in crypto.
I am looking to buy the dip and keep adding to my long positions in crypto.
CRYPTOCAP:AVAX CRYPTOCAP:ETH CRYPTOCAP:BTC $PAAL $DSYNC $AINTI AMEX:NHC LSE:ALU MYX:ASTRA $XBG and much more.
