Drop from the channel and H&S, the larger Symmetrical Triangle pattern will trigger move lower
Very possible broader market top here. You can take a look at correlation between Bond and SPX Volatility and see that more chances that VIX will go higher from here than lower. VIX up = SPX down
s3.amazonaws.com/tra...shots/c/cgJOce6v.png
Very possible broader market top here. You can take a look at correlation between Bond and SPX Volatility and see that more chances that VIX will go higher from here than lower. VIX up = SPX down
s3.amazonaws.com/tra...shots/c/cgJOce6v.png