Outside_The_Box_NZ

COVID19 AND THE VIX -- daily Ichimoku cloud breaks

Long
TVC:VIX   Volatility S&P 500 Index
in the recent past, when we see a Ichimoku Cloud break in the VIX ( Volatility S&P 500 Index ) we see a strong acceleration upwards. The most recent example of this was on 13 Feb 2020

Inversely proportional to the VIX , the SPX had a significant breakdown, represented on 21 Feb 2020

Since COVID19 outbreak, governments around the world have been scrambling to control their domestic economies by stimulus and monetisation of debt stoking Global Hyperinflation, and now real people are starting to feel the economic effects of Lockdowns and COVID19 travel and border restrictions.

Currently SPX is entering the cloud, and the VIX is coiling to break through the cloud.

This is true for other Major Indices around the world.

Northern Hemisphere is entering their "winter flu season" and USA has their contentious Presidential Election looming in NOV. This could be shaping up for a BIG BOUT of VOLATILITY....
Trade active:
beginning to creep upwards now
Trade active
Trade active:
going well
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.