ES and NQ are wobbling high, while VIX just tested its downward trend line and the bottom of the gap. Should we see a nice bounce from here, then probably some blood for SPY and QQQ sometime during the week.
Note
Bad call. In addition, VIX has broken support down below 12. In fact, it is now back to January level, which should raise an alarming sign: people are buying indistinguishably, buying every dip. Potentially putting in a blow off top in major indices, causing a major correction.
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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.