are we bottoming out in vix?

6 בפבר׳ 2023

its too early to tell the weekly picture, but the daily and 4hr appear to be turning the tide for the broader market in a bearish direction, and that mean uvxy could see high 5s. if we do create a top in spx, and uvxy does begin to climb today i would only at first assume its a temporary pop, but if we truly start unravelling uvxy could see high 6s. count on the market and spx returning to bull as long as were in this weekly inside bar scenario. i am all cash until we pick a direction.

7 בפבר׳ 2023

הערה

pretty high sell volume coming in for uvxy