Vicky wants 22
If you haven't noticed, VIX is heating up.
- Breakout level = 15.31
- Initial Target = 16.40
** If this makes a sustained break above 16.40 then the market is in trouble because VIX will pop to 22 minimum. This will likely occur by Mid-March 2024.
~ If we break 22, upper targets are 25,30, 63.
- Breakout level = 15.31
- Initial Target = 16.40
** If this makes a sustained break above 16.40 then the market is in trouble because VIX will pop to 22 minimum. This will likely occur by Mid-March 2024.
~ If we break 22, upper targets are 25,30, 63.
Note
Vicky heatin upNote
If SPX breaks above 5039, which I'm expecting in the coming days, this becomes highly unlikely. But it will soon be time for this to explode - maybe end of Mar 2024 or early April... until then expect this to continue coiling like a spring in the 13-15 range.
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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.