Badcharts

The volatility index is really provoking next critical catalyst

TVC:VIX   Volatility S&P 500 Index
We still haven't retracted to pre-March 2020 levels on the vix (12-18). Always the ominous presence of another black swan event. The crescendo increases in volatility is really highlighting the next critical catalyst for a strong move in markets. Combine to that a sustained US Dollar increase, confirms and signifies the threat is real. A simple point and figure chart, even on a 2 hour time frame... really helps reduce the noise. So the vix, gold silver ratio and dxy are linked at the hips in financial liquidity crunch moments. When you'll feel max fear, most likely best time to buy precious metals and mining stocks... Just wondering now if markets can be calmed to avoid this next spike up... stay tuned! #patience #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj $dxy $vix

✅Industry-leading technical analysis
✅Market commentary
✅Trade Tracker
✅Podcast Reviews
Use discount code "TRADINGVIEW" and get a lifetime 50% discount on PREMIUM plans
🔗https://northstarbadcharts.com/
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.