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moneek91

VIX at May 2021 levels now

Long
Volatility S&P 500 Index (TVC:VIX)  
moneek91  
TVC:VIX   Volatility S&P 500 Index
Technical Indicators Chart Patterns S&P 500 (SPX500) Cryptocurrency
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indicator chartpattern spx500 cryptocurrency
The Volatility S&P500 index is at same levels it was on May 2021, but only 20% of March 2020 levels. In my opinion the market shook up due to Evergrande fud, and I don't see deeper corrections unless 4th wave of COVID leads to major lockdowns again.

No real taper talk from FED so we should be safe to go a week or two from today. Planning to long some stocks tomorrow once I see some reversal.
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