nikitafx

VIX Index in case of major-wedge breakout (Nikita FX)

Long
CBOE:VIX   Volatility S&P 500 Index
4
VIX Index's P&F bullish target is still 64.50.
If this major-wedge breakout will be going, its target will be at 58.70 level
at least.
Exact 6 years long term wedge was just broken !
Cf: www.ncbi.nlm.nih.gov...articles/PMC1997182/
Cf: youtu.be/F0k7iYa7z5Y


As far as being above Daily MA50, VIX is climbing back again.

Nikita FX (climbingfx.jugem.jp/ )
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.