Looks like Price today got rejected by the EMA 89 with strong backup from the EMA 337.
This is indicating quite a lot of room for upside.
I don't think this is the highest high of this volatility spike yet.
OG Idea:
![[VVIX] EMA Model... Narrow BB Could Spell DOOM for Market!](https://s3.tradingview.com/v/v5SWkji9_mid.png)
This is indicating quite a lot of room for upside.
I don't think this is the highest high of this volatility spike yet.
OG Idea:
Note
Today we got a clear rejection from the EMA 337.Note
Exactly as predicted Aug 27th, we still had plenty of room to run to complete the HH for this spike and it peaked within the predicted window.
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
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.