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SLOPolarBear

VIX - Scythe Pattern

Long
Volatility S&P 500 Index (TVC:VIX)  
SLOPolarBear Updated   
TVC:VIX   Volatility S&P 500 Index
Chart Patterns Beyond Technical Analysis DXY SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) es_f VIX CBOE Volatility Index VVIX TVIX
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chartpattern beyondta dxy spy spx es_f vix vvix tvix
I see these a lot in crypto charts. Look for a steep and rapid ascent in volatility with a sharp point and fast breakdown after the tip is formed. In simple language, short the market and buy the dollar thru the end of November, and anticipate a steep drop in volatility into December.
Comment:
For those considering opening a position based on the above pattern, today is the day:
snapshot
Comment:
Adjusted curvature for RSI without consideration of price action. Yikes:
snapshot
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