Seeing a wave structure in VIX just made me laugh. Only one stock is able to pull my hair from my head: SHOP!
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My.382 is your .618... I was a noob when I learned to use fib. My one and only mentor says "does that make sense to you" I replied "yes". He said use it, Now its a habbit ...
prices are emotions. emotions are re-traceable. the price of MSFT is objective ? of course not. is still Fear and Greed based. is not a joke. is a sad reality.
UnknownUnicorn1020621
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@LoLBeach, YES! I view price as emotions as well. But emotions that follows pension fund's wave outline.
@WaveAzzReaderz, hedge funds, investments and QE ... are putting all these to shame...
UnknownUnicorn1020621
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@LoLBeach, Oh yes.
MrRenev
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All natural and representing normal price movements.
The markets including this index are all perfectly efficient, everything is priced in, and they represent the true value of everything.
UnknownUnicorn1020621
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@MrRenev, LMFAO, yup marketwise its normal, but as a measure of volatility ...not so much because it should be random imho.