Vix, under the red box = bull market, historically speaking... however, over the box = entering bear market or in bear market
And the level we are currently basing from and have bottomed off of recently (locally) is the exact level the vix usually bases off of before a vixsplosion....
Structures of RSI and momentum show a lot of potential and hidden bullish divergence that has been building for a while, but there's no doubt vix could also just range here for longer (even another year or two going sideways if it wants to tbh), as the key levels on those indicators still haven't been taken or claimed yet.
As we saw this week, 17 is a key level, and the market masters know it.
As soon as vix got above 17, it was shoved down HARD.
Watch that level closely.
If it breaks, start watching the other levels above, like a hawk...
Because if that red box is taken out to the upside, it's GG for global markets imo - GFC 2.0 is here with a credit event and will cause yields to collapse alongside CPI.
Wouldn't that be convenient to pave the way for cbdcs?
And the level we are currently basing from and have bottomed off of recently (locally) is the exact level the vix usually bases off of before a vixsplosion....
Structures of RSI and momentum show a lot of potential and hidden bullish divergence that has been building for a while, but there's no doubt vix could also just range here for longer (even another year or two going sideways if it wants to tbh), as the key levels on those indicators still haven't been taken or claimed yet.
As we saw this week, 17 is a key level, and the market masters know it.
As soon as vix got above 17, it was shoved down HARD.
Watch that level closely.
If it breaks, start watching the other levels above, like a hawk...
Because if that red box is taken out to the upside, it's GG for global markets imo - GFC 2.0 is here with a credit event and will cause yields to collapse alongside CPI.
Wouldn't that be convenient to pave the way for cbdcs?