VIX Prepped, Ready to Spike
Seeing how it is December and we need some type of correction down to get ready for the Santa rally, VIX is prepped for a proper spike again. It has seemingly bottomed out and was showing signs of upward thrust on Friday. Do I think we are headed for a major crash? No, not yet, and maybe not at all, but do I think we will see a spike in VIX? Yes, I do.
Perhaps we head for ES 3800 as VIX rises and Monday we see a push down finally as sellers dump. Whether we head down or up, it is hard not to imagine volatility not going higher. The market is getting more and more fragile as time goes on and we hit higher highs. VIX spiking seems imminent.
Perhaps we head for ES 3800 as VIX rises and Monday we see a push down finally as sellers dump. Whether we head down or up, it is hard not to imagine volatility not going higher. The market is getting more and more fragile as time goes on and we hit higher highs. VIX spiking seems imminent.
The prediction is in...
= FIB
= FIB
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.
The prediction is in...
= FIB
= FIB
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.