What is encouraging after Sunday GLOBEX:
The VIX exceeded the 50% of 2021 and although
it did not make a new high against the Prior Spike High
On a Percentage Basis it was the 4th Largest Percentage Spike
The Prior Spike did NOT.
_________________________________________________________
Use the VIX Pullback for RT Targets for ES YM RTY.
VXN for NQ.
VIX Range for Today 22.30 - 25.15 with 23.40 as the Pivot
*** 22.50 is the LIS.
_________________________________________________________
With Powell speaking late today the Operators will no doubt pull
out the stops to make the Re-Anointed Chair appear Gilded.
Long week ahead as this develops.
Large Gap Below on VIX.
The VIX exceeded the 50% of 2021 and although
it did not make a new high against the Prior Spike High
On a Percentage Basis it was the 4th Largest Percentage Spike
The Prior Spike did NOT.
_________________________________________________________
Use the VIX Pullback for RT Targets for ES YM RTY.
VXN for NQ.
VIX Range for Today 22.30 - 25.15 with 23.40 as the Pivot
*** 22.50 is the LIS.
_________________________________________________________
With Powell speaking late today the Operators will no doubt pull
out the stops to make the Re-Anointed Chair appear Gilded.
Long week ahead as this develops.
Large Gap Below on VIX.