VIX - Will the FED spark another rally in the volatility index?

On 18th October 2022, we warned investors that our short-term price target of 35 USD would be pushed further into the future if the market rallied until the FED meeting. Now, we are growing increasingly bullish on the index and expect it to return above 30 USD and then continue toward our short-term and medium-term price targets.

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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.