... for the ultimate drop. So we have broken the top curve - that is bad as hell already in itself. Additionally we retested it and have been trapped since then between the top descending trendline and the curve.
What I expect to happen next is for VIX to consolidate ( or break to the upside and retest the trendline ) until EOY. Check my US100 idea to see what stocks predict in the meantime.
As a reminder - VIX has never shown such sentiment "moves" as we have nowadays - but just once in the past - And that one time has been replayed perfectly so far - that's one of the reasons why I expect VIX to consolidate or even show slight signs of minor-relief for stocks until Christmas season.
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.