downtrend looks to be confirming. it was delayed but its happening now. we bounce below but for now we go down m8
Note
vix fix similar pattern to last major downtrend, ATR percent rank shrinking as well, expecting sudden expansion once its squeezed, bearish divergences printing and winning over the bullish ones, volatility decreasing during a downtrend confirming the trend. Down to 0.382 to -0.5 fib
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.