VIX - Volatility about to creep back in the market

In tandem with our bearish assessment of the stock market, we predict the return of increased volatility in the market. As a result, we would like to set a medium-term price target for VIX at 30 USD.

Illustration 1.01

Illustration 1.01 shows the weekly chart of VIX.

Please feel free to express your ideas and thoughts in the comment section.

DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.

Trade active:

We would like to update our medium-term price target to short-term price target.

Trade closed: target reached:

Our short-term price target of 30 USD was reached.