VIX continues to show signs of a stock market top
If we capture the lows in 2018 (VERY ACCURATELY) we can see we are on pace to bounce off that bullish trend line
Trend on the VIX shows we are making higher highs and lower highs
Mid to early 2023 we should bounce off that trend line (few months of sideways price action on VIX) AND IF THE MARKET CONTINUES TO GO HIGHER AND THE VIX HOLDS THAT TREND LINE THAT WOULD BE A GREAT CONFIRMATION THAT YOU SHOULD GO SHORT.
Devils Advocate: If we break that uptrend on the VIX that its the start to a healthy bull run & now I am broke because I over leveraged on short positions.
lol
Trend on the VIX shows we are making higher highs and lower highs
Mid to early 2023 we should bounce off that trend line (few months of sideways price action on VIX) AND IF THE MARKET CONTINUES TO GO HIGHER AND THE VIX HOLDS THAT TREND LINE THAT WOULD BE A GREAT CONFIRMATION THAT YOU SHOULD GO SHORT.
Devils Advocate: If we break that uptrend on the VIX that its the start to a healthy bull run & now I am broke because I over leveraged on short positions.
lol
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