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Markets stumbling today is prelude to a vix and SPY breakout
Volatility S&P 500 Index
Long
Markets stumbling today is prelude to a vix and SPY breakout
By UnknownUnicorn10152290
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Mar 16, 2021
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Mar 16, 2021
The VIX dropping below 20 for the first time in over a year would be hugely significant, and most likely cause a breakout in SPY towards 400.
It's currently hugging that level in anticipation of the FOMC meeting tomorrow which could well be the catalyst that pushes up over the edge.
Chart Patterns
Technical Indicators
SPDR S&P 500 ETF (SPY)
Trend Analysis
VIX CBOE Volatility Index
UnknownUnicorn10152290
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