Volatility Increase in coming weeks
The volatility index is in a downtrend similar to before the march correction. The blue lines are price targets/areas of resistance.
Within 1-2 weeks from this post:
The price will cross over the trendline or we will see more reversal candlesticks
The macD will cross
There will be a bullish divergence on MacD
This chart lines up very well with the chart I previously posted of UVXY which I will link.
Within 1-2 weeks from this post:
The price will cross over the trendline or we will see more reversal candlesticks
The macD will cross
There will be a bullish divergence on MacD
This chart lines up very well with the chart I previously posted of UVXY which I will link.
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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.