What is ViXplosion & ViXcrush?
ViXplosion is a phase during which the VIX rises and ViXcrush is a phase during which VIX cools off.
The last ViXplosion was triggered on 06-04-2022 and the latest ViXcrush was triggered on 16-06-2022.
Head & Shoulder pattern observed in S&P 500 Index. Should the pattern confirm by breaching 2800 on closing basis, one can expect the index to fall towards 2645.
En route 2720 area is a visible support for shorts to be wary of.
