yes it's been building - like I said, the VIX is getting reaedy
for some kind of pop either way with those pinching bollinger bands
on the daily
and as I stated on the weekend the pop could go in a variety of
ones. One would be just a straight up reversal and strong up
day.
another possiblity would be a fakeout bull trap where the VIX
pops hard to the downside for a couple days, then reverses hard -
I've seen that many time before when the Bollinger Bands are
pinching - there's a quick head fake drop then reversal
we'll see.. Nothing changed with the trend yet, but definteily
something to monitor
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yes it's been building -
$VIX has gone quite uncorrelated this morning. As Matt has ...
Posted by matt on 18th of Dec 2023 at 10:30 am
yes it's been building - like I said, the VIX is getting reaedy for some kind of pop either way with those pinching bollinger bands on the daily
and as I stated on the weekend the pop could go in a variety of ones. One would be just a straight up reversal and strong up day.
another possiblity would be a fakeout bull trap where the VIX pops hard to the downside for a couple days, then reverses hard - I've seen that many time before when the Bollinger Bands are pinching - there's a quick head fake drop then reversal
we'll see.. Nothing changed with the trend yet, but definteily something to monitor