Today was one of the days when the closing prices for VIX and SP500 were irrelevant for forecasting the next move and I want to explain why.
Previous VIX Weekly:
This overview contains:
– technical analysis of the weekly and daily events;
– interpretation of the candles structures on various frames;
– forecast for the next day and longer period of time.
Subscribers are highly encouraged to read this analysis before the reports on SP500 and other US indices that will be posted later.
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