mmdandytra

VIX Broke Up Trendline

CBOE:VIX   Volatility S&P 500 Index
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4
VIX Index broke Up Trendline which might lead to reaching a level similar to GFC 2008.

By broking Up Trendline , VIX now has a tendency to fall to a level that indicates a normal risk during the normal period, not a risk during a crisis.

I expect VIX keep falling to a level of 50.
Trade closed manually: As VIX is well below 50, it means the Market sees a relatively less-risky situation.

I don't think we should monitor VIX closely for now.

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