The_Unwind

VIX "CUP and HANDLE " BULLISH PATTERN DEVELOPING

Long
TVC:VIX   Volatility S&P 500 Index
VIX is forming a potential Bullish CUP and HANDLE Formation
with it's decline on 9/10/18.
The idea here is simple.

VIX is falling back to it's breakout point of last week in the13.98/13.78 area
which was coincident with the SPX falling below 2890 last week.

It is important to follow the VIX closely throughout each trading day,

Important clues about future market direction can often be found here first.,
Big institutional money makes major trading decisions in seconds, every trading day on breakouts in volatility.
They are watching it closely. Shouldn't you be.

THE_UNWIND



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.