VIX always the best forecaster of the stock market!Hi friends!
As we all know, each market crash is accompanied by an increase in its volatility. Here's an example of how a low VIX perfectly predicted today's correction.
Therefore, it is always advisable to have the VIX on our watch list to be able to do a preventive monitoring of the market. When we see low volatility, we must close positions or be very cautious.
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Forecaster
CHFJPY SELL Hi All,
Updated analysis on this pair. Further studies shows we are still very much inside an rectangle range from Dec 2013 till Date April 2021. Price Broken this range only in 2014-2015 and ever since price has been stuck inside the range with Buyer and sellers battling out. I'm on the Bearish Camp and have been since Early 2021. If our forecast is accurate then by 2022-2023 Price should test the bottom of the range and with that said we are happy to open our portfolio to trade this forecast.
Entry and Sl Marked FYI However adjustment would be necessary only when price break the range and retest the range !
Many Thanks