FKLI turned bearish back below 1400.. VIX Fear is back
VIX FiFT +ve = Fear in Control now.
FKLI hit EMA50 and 1400 Resistance and retrace. FiFT turned -ve.
Stock is Bearish bias. Stay aside.
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As predicted, many fake breakouts during most of the week due to fear sentiment.
Last friday, VIX turned bearish (fear subside) with fast turtle sell appear on friday.
VIX seems resisted by 40 and EMA20
FiFT turned -ve
ATOM sell
Expect bullish start for stock market starting next week.
Last friday, VIX turned bearish (fear subside) with fast turtle sell appear on friday.
VIX seems resisted by 40 and EMA20
FiFT turned -ve
ATOM sell
Expect bullish start for stock market starting next week.
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If VIX breaks above EMA20, meaning, VIX BULL is getting stronger.. which is not good for stock. Be cautious.