Accumulation of VIX to lead to a spike within the next week
Updated
I'm back with yet another of my VIX bowl action posts.
There's so much going on around the globe that could trigger a spike. Markets are seeing negative RSI divergence across many indices on monthly, weekly and daily charts.
This time we could go even higher and reach the resistance above. But I'm being conservative in my target and aiming at the diagonal trend line.
I've linked my previous VIX bowl post that was extremely successful.
Good luck!
There's so much going on around the globe that could trigger a spike. Markets are seeing negative RSI divergence across many indices on monthly, weekly and daily charts.
This time we could go even higher and reach the resistance above. But I'm being conservative in my target and aiming at the diagonal trend line.
I've linked my previous VIX bowl post that was extremely successful.
Good luck!
Comment
Seen action from this resistance time and time again. Can it happen again? Comment
Readjusted cup Trade closed: stop reached
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