💸VIX Falling Wedges, BKX Head and Shoulder chart💸
I will be looking to take BBKX short next week, early. Price to watch for VIX are upside at $40.
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I will be looking to take BBKX short next week, early. Price to watch for VIX are upside at $40. For any bulls trying to buy this market (short VIX, Long SPY;SPX), just know that there's never been a SINGLE bull-market in history of time that has thrived with vix above 26. This being said, the entry for !BKX is fundamental in nature, and will relate to my long bias for the DXY, and short bias for the SPX-- within the allowance of their -80 and higher correlation.
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_________________________________________________________________________________________________________________________________________
I will be looking to take BBKX short next week, early. Price to watch for VIX are upside at $40. For any bulls trying to buy this market (short VIX, Long SPY;SPX), just know that there's never been a SINGLE bull-market in history of time that has thrived with vix above 26. This being said, the entry for !BKX is fundamental in nature, and will relate to my long bias for the DXY, and short bias for the SPX-- within the allowance of their -80 and higher correlation.
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