VIX a new low then POP

CBOE Volatility IndexCBOE

Description

⋅ Apr 18, 2023 1:20 PM

This is what I am watching for in the VIX.

Descend into a new low in or below the target box while the RSI reaches lower target level.

Then, a sharp rise and a market pullback.

Good Luck

Trend Analysis

Comments

mgiuliani

⋅ Apr 19, 2023 6:46 AM

Thanks. I think we've almost reached the inflection point. In short, insurance should be bought when it is cheap...

ChartProphet

⋅ Apr 18, 2023 2:12 PM

Agreed, same with UVXY

peterbhc

⋅ Apr 18, 2023 2:13 PM

@ChartProphet, you know i am watching that trade!