Hey guys. My analysis on why VIX had to go green today. Normally, SPX has been trading in a steady trend, not upsetting the VIX and keeping VIX in a steady downtrend, while SPX stays green and VIX stays red. But on the daily VIX timeframe, you can see the gap that needs to be filled under $22.00 - and it will, soon.
The next daily candle on VIX, if red,...
This is my timeline and idea of the rough area where they crash the markets. If I were a MM.... This is where I would want to do it. *PURPLE BOX* #VIX
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I am using long term 200D MA on SPX 1HR chart. Price is holding and gained a bit of strength. Short term MA's are curling. I remain worried about the overall strength of this market, but I won't make my exit as of yet. My downside trade will be long HSD (S&P 500 2x Bear ETF). MoneyProphet on Twitter. FOLLOW and PM me for private group trader chat with...