VIX is about to make a decision soon. The green line is major support. The red line is major resistance.
T-minus 3-6 trading days before VIX breaks its long-term wedge and make a decision. It's stuck between flag support and flag resistance. Judging by how the price keeps slamming to the flag resistance and the P/C Ratio is low (below 0.75), probability points that the VIX may break to the upside UNLESS the RTY (Financials and Transportation Sectors) rally and sustain it above 1500.
T-minus 3-6 trading days before VIX breaks its long-term wedge and make a decision. It's stuck between flag support and flag resistance. Judging by how the price keeps slamming to the flag resistance and the P/C Ratio is low (below 0.75), probability points that the VIX may break to the upside UNLESS the RTY (Financials and Transportation Sectors) rally and sustain it above 1500.
註釋
Well, never mind. The VIX broke out of its wedge today. It used the resistance as support.註釋
The VIX broke out. A new wedge will likely form.免責聲明
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免責聲明
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