VIX is showing higher lows and has broken above the Brim Level of a Cup and Handle.
This is problematic for a trader as it means a lot more jumpiness is coming.
It's also broken out of its downtrend on both chart and the RSI.
With the inflation rate going up, interest rates soon to go up in November and with more money going to be printed in the economy - this isn't good for the markets in the medium term.
Time to risk less per trade, I'd imagine.
This is problematic for a trader as it means a lot more jumpiness is coming.
It's also broken out of its downtrend on both chart and the RSI.
With the inflation rate going up, interest rates soon to go up in November and with more money going to be printed in the economy - this isn't good for the markets in the medium term.
Time to risk less per trade, I'd imagine.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
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𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.