SPX has been fulfilling the pattern it has created with last falls - and tried to reach the fib level once more - We need more fundamental context on where its headed. I will post an updated on that after Fed's meeting, but so far it looks like weekly 200 ema shows great attraction to the price - this will either form a double bottom .... or a cross - which would lead VIX to spike up and make us witnesses of a great fall.
Stick around for the updated.
Stick around for the updated.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.