VIX - Stocks Sentiment in preparation
... for the ultimate drop. So we have broken the top curve - that is bad as hell already in itself. Additionally we retested it and have been trapped since then between the top descending trendline and the curve.
What I expect to happen next is for VIX to consolidate ( or break to the upside and retest the trendline ) until EOY. Check my US100 idea to see what stocks predict in the meantime.
As a reminder - VIX has never shown such sentiment "moves" as we have nowadays - but just once in the past - And that one time has been replayed perfectly so far - that's one of the reasons why I expect VIX to consolidate or even show slight signs of minor-relief for stocks until Christmas season.
Cheers!
What I expect to happen next is for VIX to consolidate ( or break to the upside and retest the trendline ) until EOY. Check my US100 idea to see what stocks predict in the meantime.
As a reminder - VIX has never shown such sentiment "moves" as we have nowadays - but just once in the past - And that one time has been replayed perfectly so far - that's one of the reasons why I expect VIX to consolidate or even show slight signs of minor-relief for stocks until Christmas season.
Cheers!
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