The volatility index is in a downtrend similar to before the march correction. The blue lines are price targets/areas of resistance.
Within 1-2 weeks from this post:
The price will cross over the trendline or we will see more reversal candlesticks
The macD will cross
There will be a bullish divergence on MacD
This chart lines up very well with the chart I previously posted of UVXY which I will link.
Within 1-2 weeks from this post:
The price will cross over the trendline or we will see more reversal candlesticks
The macD will cross
There will be a bullish divergence on MacD
This chart lines up very well with the chart I previously posted of UVXY which I will link.
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