VIX and its cup with a handle patterns
The Volatility S&P 500 Index has formed a long-term (12 years) cup with a handle pattern.
This is the third cup with a handle formed in its history. The two previous times the patterns worked normally as predicted by the Technical Analysis.
If happens the same with the current No 3 cup with a handle pattern, as is very likely due to the prevailing market conditions,
then the VIX will record incredible prices and returns that we have never seen before.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
This is the third cup with a handle formed in its history. The two previous times the patterns worked normally as predicted by the Technical Analysis.
If happens the same with the current No 3 cup with a handle pattern, as is very likely due to the prevailing market conditions,
then the VIX will record incredible prices and returns that we have never seen before.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
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