It's More than Likely VIX Will Hit 90+
There's no question that the markets are in turmoil, and while the Coronavirus was "the thing" to start the bear market, in reality, it has nothing to do with the underlying technical issues, monetary issues and entire structural issues of the market, in particular, in the United States.
The last decade we have seen record (artificially) low interest rates continent with absurd money printing (again, especially in the US as seen by their ridiculous parabolic stock market growth) and that is on the verge of coming to an end.
The real issue is that while most people view this as a dip buying opportunity, in reality, it is not unless you are scalping or swing-trading off the pumps and dumps.
When you 'get' snap-backs and dumps as violent as we have been receiving, that my friends is the start of a fierce bear market - not a buying opportunity. For weeks I have been telling people not to buy dips and to sit in bonds and gold bullion and those who listened would have gained huge profit and saved significant capital.
Another thing to note to show that we are on the verge of a bear-market is that Gold is not going as parabolic as one would think. If you look back in 08/09 Gold actually sold and lagged with equities for about 6-12 months until it began going higher and much higher! The reason why Gold is not selling off more is that the DXY in this impending recession will show signs of weakness and that will keep Gold prices somewhat supported until it starts going parabolic later in 2020 and into 2021 and beyond.
There's no question that at some point within the next several months or less that the VIX will break new records and butcher its way through the 70s, 80s, 90s and probably even top 100.
- zSplit
The last decade we have seen record (artificially) low interest rates continent with absurd money printing (again, especially in the US as seen by their ridiculous parabolic stock market growth) and that is on the verge of coming to an end.
The real issue is that while most people view this as a dip buying opportunity, in reality, it is not unless you are scalping or swing-trading off the pumps and dumps.
When you 'get' snap-backs and dumps as violent as we have been receiving, that my friends is the start of a fierce bear market - not a buying opportunity. For weeks I have been telling people not to buy dips and to sit in bonds and gold bullion and those who listened would have gained huge profit and saved significant capital.
Another thing to note to show that we are on the verge of a bear-market is that Gold is not going as parabolic as one would think. If you look back in 08/09 Gold actually sold and lagged with equities for about 6-12 months until it began going higher and much higher! The reason why Gold is not selling off more is that the DXY in this impending recession will show signs of weakness and that will keep Gold prices somewhat supported until it starts going parabolic later in 2020 and into 2021 and beyond.
There's no question that at some point within the next several months or less that the VIX will break new records and butcher its way through the 70s, 80s, 90s and probably even top 100.
- zSplit
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.