My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the , all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
So VIX has been stretched for a long time with our strong resistance (1) this area reacted both in DEC 2018 and in 2015. It is a strong zone. However, there is a sentiment of the corona on the market, which still cannot be slept by some traders. We have to reconcile and go with the market, not against it !! Therefore it is necessary to focus on longer periods. Great investment opportunities are opening up, VIX is proof of this, just choose rationally and wisely. VIX is in range and will probably stay there for some time. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.