If the VIX breaks down this could open the door for the SPX to move higher.
The VIX shows a similar behavior like in the end of May 2023. If it plays out the same, the VIX could break lower, what means the SPX can go higher.
For the SPX there is no resistance above.
According to the fib levels the next targets could be 5.100 and 5.400
Please give me your honest opinions.
The VIX shows a similar behavior like in the end of May 2023. If it plays out the same, the VIX could break lower, what means the SPX can go higher.
For the SPX there is no resistance above.
According to the fib levels the next targets could be 5.100 and 5.400
Please give me your honest opinions.