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Volatility S&P 500 Index
Short

MARKET PULL BACK IN THE NEAR FUTURE

By ronskalit
VIX is showing the supply level at 34s and demand at 19s. The average downtrend is 36 days (since Dec 2021) and we are approaching the demand zone. Solely based on this technicality, I expect some recognizable market pullbacks in the near future.
Bearish PatternsChart PatternsDIAdowntrendTechnical IndicatorspullbackQQQSPDR S&P 500 ETF (SPY) Trend AnalysisVIX CBOE Volatility Index
ronskalit
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