VIX Divergences (June and Sept) 9/6/2020
VIX at the daily view.
This is a project that my trading team and I are conducting. This is 1 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases.
In this chart, the VIX had RSI divergences and a bullish divergence between the VIX and VVIX. The VIX was in a downtrend, but the VVIX was flat. In addition, the VIX created 3-4 higher lows in a row (minus the algorithms' morning support test) prior to a correction.
This is a project that my trading team and I are conducting. This is 1 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases.
In this chart, the VIX had RSI divergences and a bullish divergence between the VIX and VVIX. The VIX was in a downtrend, but the VVIX was flat. In addition, the VIX created 3-4 higher lows in a row (minus the algorithms' morning support test) prior to a 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.
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.