Next VIX bull run?

Apr 16, 2020

We're seeing several signs and a very clear wave count that allow me to believe a VIX bull cycle or at least a powerful dead cat bounce to $56 or so is highly likely. Since the ending 5th wave diagonal of Wave C that left us at the golden pocket, we've already seen an open where VIX gapped up over 12% overnight and into the first hour. We could very well see a strong runup if this is the end of the simple correction since $86

Apr 16, 2020

Note

Next support would be 28.25, but wave count from the topwould be invalidated