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Cuzinhass
Dec 1, 2021 12:41 PM

VIX above 29 and a correction is inevitable  Long

VOLATILITY S&P 500TVC

Description

The VIX has been bouncing between my two tread lines the past 4 days. Need to monitor, if the vix breaks the 29 resistence we can see it go to 36 and if it breaks that we see it go to 50. be very careful.
Any catalyst in this overbought market can make this go down. Debt ceiling, inflation, evergrade, "transitory". Any word the algos pickup will send a panic in this market
Comments
JoeChampion
Great work, thank you!
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