We got a nice volatility spike today and more pressure from the ever rising treasury yields. We coukd see a higher VIX spike soon if it doesn't get shut down at resistance shortly above.
I typically prefer to use VX instead of VIX, but VIZ can be good sometimes. People say you can't use TA on VIX and I disagree. However, TA on VX is typically better than on VIX. Should be watching both.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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.