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DGSTBROKERACC

DGSTACC: VIX MACRO ANALYSIS / CONFIRMED CHANNELS & RESISTANCE

Volatility S&P 500 Index (TVC:VIX)  
DGSTBROKERACC  
TVC:VIX   Volatility S&P 500 Index
Support and Resistance Supply and Demand Fibonacci VIX CBOE Volatility Index index Bearish Patterns channeltrend SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) SQQQ QQQ
4
0
supportandresistance supplyanddemand fibonacci vix index bearish channeltrend spy spx sqqq qqq
In the chart above I have provided the following:
1. Channel confirmation on the daily timeframe.
2. Current downtrend channel in VIX that appears to be coming to an end that should definitely expire by January 24th.
3. Resistance marker at 25 from previous tests can indicate strong support for SPY in return as it can force VIX to stay in demand zone.

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