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markrivest
Apr 15, 2017 4:55 PM

Watch the VIX April 17-19 

VOLATILITY S&P 500TVC

Description

The VIX may spike April 17-19 possibly because of worries about Korea.

In three out of the last four times the Daily RSI on the VIX has gone above 70% its been a good time to go long US stocks. In the Brexit "crisis" there was a RSI divergence.

The declining trend-line may also prove to be a guide to catching a VIX spike top.

If the SPX declines into the April 17-19 time zone, Fibonacci support is at 2280-2300 which was my original Minor wave "4" target.

Maximum profits are made by those who anticipate.

Mark
Comments
BBtrade618
Thanks for the update; good work!
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