Volatility – Road Map

Volatility index is moving as expected. This quick update outlines a possible short- and mid-term roadmap for VX. We’ll review the candles and the Elliott Wave structures alongside key technical indicators — essential context for anyone trading, entering, or hedging positions.
CANDLES
Daily


VIX continues to move lower, and the hypothesis of a strong downside follow-through after the Three Black Crows is gaining probability.
Yesterday I reviewed the newly formed Elliott Waves, and I suspect the current decline is a typical post–ending-diagonal outcome. If this hypothesis plays out, VX should drop impulsively toward the $17–15 area in December.

Happy Trading!