To the untrained eye, you see VIX go up and down, just like any other time. Taking a big step back, you'll know that VIX has been super complacent (very strange looking back 30 years) for about 6 months. Over the last few days, we see SMA9 crossing UP SMA50! Why does this matter? Because when VIX spikes, it really spikes! Next week we have the gov shutdown and a lot of funky things going on with Russia / NATO that can spark something big, hopefully not! Many other news could spike it, but we've seen a weakness in the general market and potentially a Volmageddon 2.0 in the making. Put your alerts on and nice upside with $UVIX!
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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.