Cup-and-Handle in the VIXY: Volatility Upside, Market Gloom?
Hello again Tradingview community,
Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea.
Thank you for taking the time to take a look :))
We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively suggesting a break downward in the overall market.
Despite the brevity of this idea, I intend to provide more detailed analysis and more engaging discussion in my future posts as time becomes available in my day-to-day activity. I am excited to engage further with my fellow traders, and thank you again for stopping by!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
Some unexpected life events pulled me away from the market (and everything else) for a few days, but I'm back and ready to share a new idea.
Thank you for taking the time to take a look :))
We have a cup-and-handle technical pattern tracing out in the VIXY, indicating a break to the upside in volatility and inductively suggesting a break downward in the overall market.
Despite the brevity of this idea, I intend to provide more detailed analysis and more engaging discussion in my future posts as time becomes available in my day-to-day activity. I am excited to engage further with my fellow traders, and thank you again for stopping by!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
