Now we are talking! As expected, both VIX and VIXY charts signaled the 50/100 DMA “death” crosses that are typically followed by periods of prolonged declines. Let’s discuss these and other technical and candles aspects in today’s analysis.
This overview contains:
– technical analysis of the weekly and daily events;
– interpretation of the candles structures on various frames;
– forecast for the next week 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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