W Recovery? VIX certainly looks like it!

Just wait till September comes around, and November will be the death blow to this entire fake monetary bubble. Everything from stocks to fiats will begin to collapse. All of these trillion dollar, euro bailouts are the death blows to the financials. You have direct stimulus, small business bailouts, monthly QE, unemployment benefits for 35 million people ($2,400 x 35 million), junk bonds, and countless other expenditures by the Fed. THIS is the death of the US dollar and fiats all over. They CAN NOT stimulate the economy back to where it was, because retail and consumer sentiment has collapsed. We will continue to see a tsunami of foreclosures and bankruptcies all across the US.

Add on top of that continued nationwide rioting, looting, and huge 200-400% increases in crime, this year I guarantee will be total hell, specially in November. You are hearing it here, hearing it now, watch for a September event to shake things up and I predict massive civil unrest like not seen before in November. It's beyond a shadow of a doubt that the stocks WILL see a March style sell off by November if not in November. We aren't talking about a simple recession or something cutesy. This year will be like no other in our lifetimes.

@WorldEconomics, @Glitch420 is predicting Biden could die/bow out and that Sanders would take his place (see COVID-19 analysis). Maybe 5-10% chance that’s your September shakeup event.

The analysis of the VIS is like looking up into the sky.
Sometimes clouds that look like elephants, sometimes like crocodiles.
Sometimes you see a W sometimes you see an M.

Buying VIX ETF just before mid August and hold for a period between 15 days and 3 months is usually profitable since 2013

What broker do you use ? would really appreciate an answer.

Definitely signal, nice analysis!

You think it can go to ~35 in next 2-3 weeks?

VIX does not follow price action and thus cannot be analyzed using technical analysis. Do you think people are buying VIX shares?!!!

@bannaples, I hear this a lot about the VIX but personally I strongly believe you can spot insightful trends on the chart. Plenty of examples where moves in VIX preceded or signaled big moves in the market. Just look at March, the VIX topped & began to reverse lower around March 18-20th and then the stock market bottomed just a couple days later on the 23rd.