1 - Bearish Set-ups – VIX Rise – Indices
VIX could be continuing the recently witnessed spike in “red October”. If this would materialize, then this could lead global indices in an even more aggressive sell-off, thus continuing the bearish cycle.
Structure: Flat pattern in Intermediate (A)(B)(C) (orange) degrees.
Sequence / Labels: Impulsive bullish sequence with a probability of an extension in the 3rd sub-wave of a larger degree 3rd main wave.
Structure: Flat pattern in Intermediate (A)(B)(C) (orange) degrees.
Sequence / Labels: Impulsive bullish sequence with a probability of an extension in the 3rd sub-wave of a larger degree 3rd main wave.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.