Part1 - VIX Spike - Indices Flash Crash
Updated
VIX (Volatility Index - CBOE) is showing signs of another "spike" in volatility sitting around the corner.
This would translate into a "fear" period.
US indices are showing wave counts which indicate that the current correction on the up-side might just finalize.
An Intermediate Degree (C) leg would be in focus for the completion of the current Primary Degree corrective structure.
Expected bearish outcome & levels:
- US30USD - 3500 points drop - levels in focus: 25850.00 & 26050.00
- SPXUSD - 350 points drop - levels in focus: 2825.00 & 2875.00
- NAS100USD - 1000-1500 points drop - levels in focus: 7500.00 & 7700.00
* If you share this view or looking for guidance/interaction, please visit the website.
This would translate into a "fear" period.
US indices are showing wave counts which indicate that the current correction on the up-side might just finalize.
An Intermediate Degree (C) leg would be in focus for the completion of the current Primary Degree corrective structure.
Expected bearish outcome & levels:
- US30USD - 3500 points drop - levels in focus: 25850.00 & 26050.00
- SPXUSD - 350 points drop - levels in focus: 2825.00 & 2875.00
- NAS100USD - 1000-1500 points drop - levels in focus: 7500.00 & 7700.00
* If you share this view or looking for guidance/interaction, please visit the website.
Comment
SPIKE starting! Indices in trouble.Comment
On your marks, get set, go!Comment
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