VIX Mid Term Analyis

28 בספט׳ 2022

VIX is an index representing the market's expectations for volatility and fear. When VIX goes up, the volatility and fear are going up too, and as a result the markets usually goes down. As you can see, the VIX broke last week a trend that continued for 250+ days, and currently it's retesting the line. The RSI indicator is positive, not low but not too high, and no negative divergances. The MACD indicator also shows strengh, while the blue line is above the orange line. The SSL indicator is the same, completely positive. 30 is a strong support and I think that it'll hold it. We are going for a triple retest - for the trendline, the Fib .618, and the 30 support. My targets are 35,38,45,48. By this analysis, we can assume that the markets will have a high volatility in the coming weeks/months, and it might cause a continuation of the bear market in stocks and cryptos.