The longer that VIX stays under the MacD centerline the more Violent the Spike is when it does cross up. Normally we see corrections much more often that return stocks and etf’s back to the 180EMA. The fact that we have not seen a crossover AND that we are SO FAR above the 180EMA makes me believe that this will be quite a violent correction.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you.
My average is in Grey Red = Resistance Green = Support Blue = trendlines
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
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