The last few days of selling in the markets have been intense (especially crypto), but I fear the intensity has only just begun!
If we look at the structure of VIX over the entire bull run that began in late 2022 with the mass release of generative AI, we see something peculiar with VIX RSI.
It is the only bull market in which the VIX readings kept getting higher and higher. If we look at the 8 day VIX structure, we see over the summer we had broke below channel support. We have recently broken back into it and it is ominous indeed. The only way left to go is much higher.
Even now VIX is at 19 but the stock market itself is barely budging. In the past 19 would have seen the market dropping pretty strongly. I think the market is gearing up for a big push down!
If we look at the structure of VIX over the entire bull run that began in late 2022 with the mass release of generative AI, we see something peculiar with VIX RSI.
It is the only bull market in which the VIX readings kept getting higher and higher. If we look at the 8 day VIX structure, we see over the summer we had broke below channel support. We have recently broken back into it and it is ominous indeed. The only way left to go is much higher.
Even now VIX is at 19 but the stock market itself is barely budging. In the past 19 would have seen the market dropping pretty strongly. I think the market is gearing up for a big push down!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
