What Does VIX Tell Us ?

The VIX pattern in yellow lines signals a high level of fear or stress in the stock market likely ahead of us, it appears we might have toped on many major indexes as well as Bitcoin. With huge uncertainty regarding big tech earnings and FOMC meeting in the following days Vix looks like a buyable dip. Specially if we borrow Elliot Wave rules this pattern looks valid, given how well i know them, this particular pattern could go right 80+ percent of time.


" This idea could turnout completely wrong "
Do your own DD

Trade active:

long via size

Comment:

it might not go to 40+ but 30 is a good area to exit longs.


it seems we are already in a bull market. recession cancelled, soft landing cancelled, no landing in play with sticky inflation for years