VIX Divergences (June and Sept) 9/6/2020
VIX at the daily view.
This is a project that my trading team and I are conducting. This is 1 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases.
In this chart, the VIX had RSI divergences and a bullish divergence between the VIX and VVIX. The VIX was in a downtrend, but the VVIX was flat. In addition, the VIX created 3-4 higher lows in a row (minus the algorithms' morning support test) prior to a correction.
This is a project that my trading team and I are conducting. This is 1 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases.
In this chart, the VIX had RSI divergences and a bullish divergence between the VIX and VVIX. The VIX was in a downtrend, but the VVIX was flat. In addition, the VIX created 3-4 higher lows in a row (minus the algorithms' morning support test) prior to a correction.