VIX is about to make a decision soon. The green line is major support. The red line is major resistance.
T-minus 3-6 trading days before VIX breaks its long-term wedge and make a decision. It's stuck between flag support and flag resistance. Judging by how the price keeps slamming to the flag resistance and the P/C Ratio is low (below 0.75), probability points that the VIX may break to the upside UNLESS the RTY (Financials and Transportation Sectors) rally and sustain it above 1500.
T-minus 3-6 trading days before VIX breaks its long-term wedge and make a decision. It's stuck between flag support and flag resistance. Judging by how the price keeps slamming to the flag resistance and the P/C Ratio is low (below 0.75), probability points that the VIX may break to the upside UNLESS the RTY (Financials and Transportation Sectors) rally and sustain it above 1500.
Not
Well, never mind. The VIX broke out of its wedge today. It used the resistance as support.Not
The VIX broke out. A new wedge will likely form.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.