Vix - bullish crossover - expect elevated vix in coming days

Diupdate
We have bullish MA crossovers on the CBOE vix
In the past these crossovers have been pretty reliable and have led to extended bouts of volatility
Catatan
An initial pullback towards 21-21.5 and then barrel higher is the preferred path. Bad one for mkts will be a straight up obviously
Catatan
Vix down today. Expected path (read yday comment) is initial down to around 21-21.5 and then sharp up. Bulls should be worried that they cant mount a rally even on a weak vix day.
Catatan
Another dpwn day today so far. We went close to 22. The risk of spike is high here on. we might go lower or not but a spike is the bigger risk here
Catatan
Low today was around 21.7 and then boom. Exactly followed the path
Trading ditutup: target tercapai
Highs done around 35. Enough for now. This is where vix usually tires out. Barring a catastrophe, Vix cools down from here
Technical Indicators

Pernyataan Penyangkalan