Chart patterns + MACD cross-over suggest
SPX correction. Also demonstrates how increased volatility (
VIX) can serve as lead time warning of price action in market (
SPX ). Price action amounts are for illustrative purposes only, not prediction (No TA done on price action). Can't get timelines to line up on published chart - see below for what it's supposed to look like.
Note
Was a few days late with this but VIX popped up 40% today.Disclaimer
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Disclaimer
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.