Not sure I understand. You are waiting for the VIX to be undersold? By what metric? The RSI on the daily is never really oversold.
kalvitethehodler
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@RPM3231342, I’m just saying. It always spikes parabolically up, but never parabolically down. I don’t know what it will do. But look at all the times it’s spiked into the overbought region, it never goes the opposite way
RotanimreT
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Two days ago VIX bounced to the upside from NOVEMBER 4TH 2021 support line on the daily time frame.... I can be wrong but I think VIX will move higher , on the top of that world news are bad ... economy, monkey pox , China vs Taiwan...
kalvitethehodler
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@RotanimreT, lots of catalyst for the vix to move higher. I think it will be moving higher, it’s just a question of when I believe :)