IndigoTradingGroup

VIX| Identification Of Highest Probability Reversal Point

Long
TVC:VIX   Indice de volatilité S&P 500
Quick trade before going into new years
VIX seems to be falling as the SPX continues to rise. We are expecting price on the SPX to rise to around the 2600 price point before sellers take over.
This will confluence with the VIX buy zone as indicated on the graph.
This point coincides perfectly with the 50 Ex MA , 50% Fibonacci retracement and strong structure zone.
Keep your eyes here as there is high possibility that price reverses here

If you like the ideas you can
Get harmonic trading cheat sheet here
patreon.com/indigotradinggroup

Enjoy the New Year
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.