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youngfedor
Jul 31, 2018 10:17 AM

VIX the index of Fear! (31/07/2018) 

VOLATILITY S&P 500TVC

Description

Hello Traders!

There is the devilish and confusing correction on VIX index!
Although it’s readable and has the close negative correlation with E-mini S&P 500 and SPY index (etf).
Sure, that the price is forming the “Leading Diagonal Triangle” (LDT) in “a” subwave.
So it gives the opportunity, to predict continue of uptrend tendency on ES & SPY near time.

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You're welcome!!!

Best regards, trader Igor.
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