Finding the edge in analyzing unique market Cycles.
So VIX does seem to have found support at the horizontal orange support. On the second chart we can see the VIX reversing down off the 50 average weekly.
There is enough that we can trade volatility again, but have to be nimble and pick and choose spots.
I'll be watching that second chart for a triple divergence in RSI weekly to form as the next trading opportunity.
New charts posted!
So VIX does seem to have found support at the horizontal orange support.
ReplyDeleteOn the second chart we can see the VIX reversing down off the 50 average weekly.
There is enough that we can trade volatility again, but have to be nimble and pick and choose spots.
ReplyDeleteI'll be watching that second chart for a triple divergence in RSI weekly to form as the next trading opportunity.
ReplyDeleteNew charts posted!
ReplyDelete