We're getting to .618 short term, whether precipitous or not
Once the green line is broken it's on
short to intermediate term swing
When you don’t think it will bullish diverge more it does
Another push to 4197 before the drop?
projecting tops is difficult but the weekly is too over bought, laying fib ratios from the bottom shown and taking it up (my lazy projection method) to the point where other bounces from the past obey the lines puts us right at the 4200 psych level...makes sense, thougths?
Biden's Team of Stimmy clones can't hold it up forever, bearish intraday divergence, patience pays add more long vix if you are not in yet.
Assuming the floor doesn't break, one possibility. Remember to look at the VIX and SPX separately, if this ratio falls quickly the VIX is rising, and the SPX is falling, but they both tend to rise during turning points, in that case this chart would show topping or sideways action.
still holding 3.3 resistance and i don't see it breaking
Deep bullish cross, oversold across the board except intraday