Hedge_Of_The_World

Vix Weekly RSI Lowest in Almost 8 Years?

TVC:VIX   Volatility S&P 500 Index
The Vix recently caught a bounce off one of the lowest weekly RSI prints since 2013. We've seen support each time the Vix hit a weekly RSI of 41, and so Vix may finally be on the verge of a notable spike soon, which leads me to believe that the Fed may surprise markets today by being more hawkish than expected, or opex (quad-witch) on Friday may be a disaster for risk. Either way, I think the worse could be over for Vix , at least for a brief period of time. Let's see what happens this afternoon when we get the Fed minutes...

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thank you for the info :)
+1 Reply
@jojofang0901, Anytime buddy!
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