Volatility S&P 500 IndexUpdated November the latest....
See RSI wedges. This RSI wedge we currently in has around till November before it either breaks down or up. I'm thinking that it breaks the channel highlighted in black on the chart....
Short term bearish though I think 10-13 is the bottom for August touching the bottom part of the wedge and then a rip to the upside by end of August.
Short term bearish though I think 10-13 is the bottom for August touching the bottom part of the wedge and then a rip to the upside by end of August.
Note
12-13 bottom*
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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.