[VVIX/SPX] Volatility Ratio Encore: New Perspectives = More $$$

Zaktualizowano
The volatility landscape is getting clearer with each passing day.

It seems my first Volatility Ratio chart of VIX/SPX broke some interesting ground. Managed to pull my first Editor's Pick.

In order to further refine our Volatility Trading Strategy here we must expand and find other major S/R from as many angels as we can.

VVIX is the next logical choice.

Whenever the ratio breaks under the major support the price tends to swing down and back up, this recent swing low was due to breaking the 7Y green support line Aug 21st.

It dropped all the way down to the next green support and bounced back up to touch the 1Y blue uptrend S/R and fell down to the 8Y red downtrend S/R. These lines were mapped at the 1W scale.

We are getting wedged down under the blue, green and yellow into red. This also aligns with a early Sept volatility movement. Most likely that will be a sustained break above green that triggers a spike up to the next yellow downtrend and possibly up the blue uptrend.

OG Volatility Ratio:
[VIX/SPX] Volatility Ratio: Right Where We Were Jan 31st!? WTF?
Uwaga
Came to a stop exactly at our red S/R.
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend AnalysisVVIX

Data analyst with a passion for best fit lines B)

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