VIX Set to Shine in January…Perhaps
Based on the charts and upcoming events of uncertainty, January 2021 could be a good month for VIX to spike.
I could see it potentially happening around January 22nd when Trump is to be replaced by Biden as it now it is becoming apparent he will not be giving up the throne without a fight.
Futher, as we “recover” from COVID, the damage it has caused is slowly going to reveal itself, and along with that, a potential recession or even depression to come.
In any of those cases, VIX should be set up to hit the 30-40 range, barring any other unknown interventions from other source of course.
I could see it potentially happening around January 22nd when Trump is to be replaced by Biden as it now it is becoming apparent he will not be giving up the throne without a fight.
Futher, as we “recover” from COVID, the damage it has caused is slowly going to reveal itself, and along with that, a potential recession or even depression to come.
In any of those cases, VIX should be set up to hit the 30-40 range, barring any other unknown interventions from other source of course.
The prediction is in...
= FIB
= FIB
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.
The prediction is in...
= FIB
= FIB
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.