Possible? (Jan 12th 2021 through July 2021)

CBOE:VIX   Volatility S&P 500 Index
S&P 500 Volatility Index ( VIX ) (January 12th 2021 through July 2021)

Low: 6-24%
High: 25-55%

Very rough and general draft of an idea with 2 possible routes for stock markets in the next couple months.
Either we get a boom for the bulls and the VIX goes down over the next few weeks, or the VIX could go sideways for a minute while SPX attempts to reach new highs, and then a big release in selling pressure.

This could be way off in the long run but the VIX almost looks like its in a falling wedge as of right now. If VIX hits as low as 6%, market crash seems highly inevitable in the months after. If VIX heads towards 30% or beyond, we could be in for a mini correction over the next few months followed by another leg of bullish moves in the SPX . Very tricky to tell right now!

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!