Hello everyone this is my idea for Vix on daily time frame
We had a breakout of the triangle around end of OCT however this breakout was fake and couldn't sustain above traingle
due to vaccine and election stabilize
Price has broken the lower line of the triangle and since then we are falling down
However there is something interesting going on
Vix is not going down fast .. to fill the gap below and normal range
This could mean the market know something the question is what can go wrong ?!
And right now price is ranging between two blue lines could lead to strong breakout in any direction ..
Now most equites are all time high and broke important resistance
Dax . sp500 . Nasdaq . Dowjones
What can go wrong ?! plus all retails have piled all there money in stocks ...
Good luck and trade with care
We had a breakout of the triangle around end of OCT however this breakout was fake and couldn't sustain above traingle
due to vaccine and election stabilize
Price has broken the lower line of the triangle and since then we are falling down
However there is something interesting going on
Vix is not going down fast .. to fill the gap below and normal range
This could mean the market know something the question is what can go wrong ?!
And right now price is ranging between two blue lines could lead to strong breakout in any direction ..
Now most equites are all time high and broke important resistance
Dax . sp500 . Nasdaq . Dowjones
What can go wrong ?! plus all retails have piled all there money in stocks ...
Good luck and trade with care