Vixtine

VIX-Is opening this week at 19.29 a sign?

Vixtine Updated   
TVC:VIX   Volatility S&P 500 Index
All Indices are in the green pre-market...the VIX gaps up 3.04% to open the week at 19.29. Very Eerie....
Comment:
Below is my weekly chart on the VIX...Notice the purple channel that has formed since the end of Oct. If we can break below this channel then volatility will reduce and likely higher highs will be made in Q1 2022. If we remain in this channel prepare yourself for whipsaws.
Comment:
We are still trading inside the purple channel
Comment:
Forgot to update...channel is broken to the downside. Vix to be muted for a little bit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.