theRaggy

VIX pushing higher as VOL returns

Long
CBOE:VIX   Volatility S&P 500 Index
As Stocks & Crypto push higher, even yields ticking up with a hint of a Gold rally.
It is my opinion that stocks simply can't be this inflated for long. Yes we need to wait for the Fed to reduce QE pace. However, one needs to get Volatility while it's cheap.

Looking for a short term bounce in the #VIX to $24 with this beautiful double bottom / W pattern.


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.