$VIX — Market Forecast, 12/18/21
CBOE Volatility Index, a real time index that represents both the market’s expectations and relative strength.
You can also call it the ETN for Fear & Greed, or, FOR THE MOST PART, the inverse of the S&P 500.
We closed with a long shadow above the candle, right at that 20 period moving average — I think that is bearish short term, but I think we will bounce after a move lower.
I am forecasting a move lower and then a bounce higher towards that open gap.
The gap on the $VIX is guaranteed to fill, because this market oscillates — it is only a matter of time.
I will literally put my life on the line and I will sign my life away to anyone that will take the other side of this bet that the $VIX is guaranteed to fill the upside gap, thank you.
You can also call it the ETN for Fear & Greed, or, FOR THE MOST PART, the inverse of the S&P 500.
We closed with a long shadow above the candle, right at that 20 period moving average — I think that is bearish short term, but I think we will bounce after a move lower.
I am forecasting a move lower and then a bounce higher towards that open gap.
The gap on the $VIX is guaranteed to fill, because this market oscillates — it is only a matter of time.
I will literally put my life on the line and I will sign my life away to anyone that will take the other side of this bet that the $VIX is guaranteed to fill the upside gap, thank you.
Commentaire:
Gap has filled, trade was a success.
Commentaire:
short term downside target also hit, so 2/2 this week on $VIX.
