When we step back and look at the weekly timeframe, VIX is currently bouncing higher off of a major bullish divergence that was built up over the past several months.
The RSI is also retesting the neutral line (50) and
If
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Bình luận:
VIX is up decisively today as we expected. This is only the beginning...
Bình luận:
VIX is up significantly from the initial posting of this idea. We see a mostly sideways consolidation occurring above the key level of $20. Multiple rug-pulls are occurring on the smaller timeframes, but larger timeframes seem clear (for now). Bearish momentum continues to build.
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Learn more about this powerful indicator here: www.tradingview.com/script/ZZ55skk4-Rug-Pull-Detector/