Commencez
alextill2018

$VIX Possible Breakout? $VIX Tightest Base since 2018

Long
Indice de volatilité S&P 500 (TVC:VIX)  
alextill2018 Mis à jour   
TVC:VIX   Indice de volatilité S&P 500
Support and Resistance Trend Lines Parallel Channel VIX CBOE Volatility Index breakoutsignal spyshort SPDR S&P 500 ETF (SPY) roundingbottom Trend Line Break
4
0
supportandresistance trendline parallelchannel vix breakoutsignal spyshort spy roundingbottom trendlinebreak
Weekly Chart from COVID Highs
  • Weekly Chart has yet to break out the trend line (green bar) from COVID Highs
  • The bottom appears to be getting tight and has consolidated sideways for weeks
  • June - September 2023 the chart was basing which rallied 10 points in the end of September
  • The base in June - Sept was not as tight as the chart is showing now
  • This is even with SPY continuing to increase but VIX holding it's range (KEY)
  • Weekly chart showing a rounding bottom

snapshot

Zoomed-In Weekly Chart
  • First we would like to see the weekly break the short term white trend line
  • To break to the upside into the green downtrend line from COVID Highs we would need VIX weekly to break through and close above $15.75
  • High chance if it breaks $15.75 we will hit the top line of the downtrend which the price will depend on when this break will happen
  • We could see highs of VIX to $17-$18 if breaks $15.75

snapshot
Commentaire:
Chart broke out and tapped off of green trend line top. Will see what the end of week plays out to see if its a push or simply what it did prior. Or even a fake breakout
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.