Technical analysis update: VIX (11th August 2021)

Upbeat economic data and further progress in economic recovery will lead to decrease in the market volatility over time. Because of that we would like to set our short term price target for VIX to 15 USD.

Disclaimer: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.

Yorum:

VIX is approaching our short term price target.