VX Breakout
I've posted a few ideas on VX, mostly focusing on a falling wedge from the top in April, but there's another wedge on a smaller time frame shown here. VX has broken above both the longer term and shorter term wedges. I would say this is a pretty large divergence, because ES and NQ are making new all time highs every day, but VX is showing strength.
VX has failed to show any strength since April, so it seems quite odd to me that it's gaining strength as we rally. Highly suspicious in my opinion, will be an important watch moving forward.
VX has failed to show any strength since April, so it seems quite odd to me that it's gaining strength as we rally. Highly suspicious in my opinion, will be an important watch moving forward.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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