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The VIX weekly is spiking, and a bull flag is forming.
Volatility S&P 500 Index
Long
The VIX weekly is spiking, and a bull flag is forming.
By JK_Market_Recap
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Apr 15, 2024
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Apr 15, 2024
The VIX weekly is spiking, and a bull flag is forming, which could trigger a breakout from the wedge. Higher lows forming and wedge getting tighter.
More volatility is returning to the market. Risk off 📴 mode activated.
This usually translates into more bearish bias in markets moving forward ⏩🐻
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