VIX is making higher highs and higher lows
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While the market continues to rise and investors grow confident the rally won't stop, the VIX keeps subtly making higher highs and higher lows.
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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Nota
So far, the VIX has not fallen below the lower trendline.Nota
Illustration 1.01The VIX continues to hover above the lower trendline.
Nota
The VIX bounced off the lower trendline.
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