VIX whats next?
Vix did what we expected - it bounced up respecting the curvy channel and is now dancing at the top. CPI came out a bit better, but that is no relief in thinking the bear market is gone. We didn't even hit the expected progress in this subject, therefore I remain bearish long term.
I expect VIX to respect the curve here and try and retest lows (red line more likely), but if we cross the channel - we will go as the green line shows - meaning brutal bear market reality.
Keep safe either way, cause all ways lead in 1 direction at the end.
I expect VIX to respect the curve here and try and retest lows (red line more likely), but if we cross the channel - we will go as the green line shows - meaning brutal bear market reality.
Keep safe either way, cause all ways lead in 1 direction at the end.
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