The VIX could spike higher, as its MA bounced on RSI
Ive been following a theory about how a bounce on the moving average on the RSI can indicate movements.
This is a quick look on the weekly.
There is turmoil in the markets, and the stock markets look ready for a steep correction.
The VIX has bounced hard on the RSI MA, so im expecting volatility
This is a quick look on the weekly.
There is turmoil in the markets, and the stock markets look ready for a steep correction.
The VIX has bounced hard on the RSI MA, so im expecting volatility
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Disclaimer
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.