Comparing the end 2019 into 2020 VIX technical pattern, there is a similar consolidation, followed by a breakout. Even the MACD and BMT (custom relative strength and momentum combines indicator) set up appear similar for both scenarios.
(Ignore the Buy Sell signals, they are not reliable on the VIX chart)
Does this suggest a blow up of some kind in the making?
Too many parallels...
(Ignore the Buy Sell signals, they are not reliable on the VIX chart)
Does this suggest a blow up of some kind in the making?
Too many parallels...
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Disclaimer
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.