euphoricMeerka49790

$VIX gearing for a return of volatility post May expiration

Long
TVC:VIX   Volatility S&P 500 Index
VIX volatility has been bottoming out over the past week, hitting a 15 handle last week. It's possible we may see that again this week. But the stars have aligned here using this Gann fan to pinpoint where we'll hit through the 2/1 line on the fan likely hitting as high as $22 sometime before the end of the month as the Debt Ceiling debate heats up, banking crisis continues, Fed speak flows and markets adjust to the idea that June may not be a pause.

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