VIX isn't bearish
After the HTF wedge breakout - we are expecting a retest - and it just started going down filling the gaps - although we didn't fully reach my wedge target yet. Therefore I expect it to happen after we retest the wedge (even better if we do so before that).
One thing is good here - VIX didn't go parabolic after a long bullish streak on the markets - meaning fundamentals aren't so bearish yet. It will happen, but doesn't seem just now.
We stick to the plan.
One thing is good here - VIX didn't go parabolic after a long bullish streak on the markets - meaning fundamentals aren't so bearish yet. It will happen, but doesn't seem just now.
We stick to the plan.
Related publications
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.