VIX is looking weak. No demand volume in this rally. Watch the 56 level for a reversal (bull trap) to the downside, which is positive for the indices - ES, NQ, YM etc
Trade active
Didn't quite make it to 56, but now we see a key reversal bar and no demand volume. Downside movement seems more compelling from here. Good for the indices to rally!
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.
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.