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holsturr
Apr 2, 2018 11:20 PM

Cup-and-Handle in the VIXY: Volatility Upside, Market Gloom? 

ProShares Trust VIX Short-Term Futures ETFArca

Description

Hello again Tradingview community,

Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea.

Thank you for taking the time to take a look :))

We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively suggesting a break downward in the overall market.

Despite the brevity of this idea, I intend to provide more detailed analysis and more engaging discussion in my future posts as time becomes available in my day-to-day activity. I am excited to engage further with my fellow traders, and thank you again for stopping by!

Holst

** This post does not represent any recommendations and is intended only for speculative and research purposes **
Comments
cedarfox
I like your idea. Check out my chart on vixy.
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