VIX small pullback then higher?

2022년 4월 28일

Watching VIX daily for a small pullback and maybe sideways, and then possibly through the descending trendline from the covid highs.
This would coincide with elliott wave analysis for the SPY for another leg down, and also the FOMC meeting coming next week (5/3), which is expected to bring volatility.
Initial fib target $37.13, but the descending trendline break and push above prior resistance levels could get a jump into the 40's or higher

2022년 5월 2일

노트

Playing out nicely so far. Pulled into fib levels and bounced above trendline. Now backtesting the major trendline.
I am anticipating sideways action during the runup to Wednesday's FOMC meeting, which will also allow the 21ema to catch up a bit, before another move higher or lower.

2022년 5월 4일

노트

FOMC day!
This fib target $37.13 was barely missed - and the fib setup is still intact, and waiting for it to still be hit