Peet_Serfontein

VIX: volatility ahead?

Long
CBOE:VIX   Volatility S&P 500 Index
A price action above 23.45 supports a bullish trend direction.
Crossing below this level will negate the bullish trend direction.
A price above 27.40 might support the price action to reach the target of 31.35.
A break below 24.80 will be the first sign of weakness.
RSI leaves enough room for further upside price potential.

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.