Believe it or not - The Stocks volatility index (VIX) has it's own Volatility index (VVIX) - and if we compare the two, it looks like VVIX has touched onceagain bottom trendline - how did that reflect on VIX?
VIX bottoming was always delayed for 9 to 100+ days after VVIX bottomed.
What to expect ? That in an average range of 40+ days VIX should bottom and start going up - And according to my overall analysis - we are just before a big fall - therefore this is the last moments for stocks.
In other words - Bullish until EOY.
VIX bottoming was always delayed for 9 to 100+ days after VVIX bottomed.
What to expect ? That in an average range of 40+ days VIX should bottom and start going up - And according to my overall analysis - we are just before a big fall - therefore this is the last moments for stocks.
In other words - Bullish until EOY.
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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.