VIX Volatility Index Analysis: Preparing for a Bounce to $16 | 3/22/2024
3 months ago
10
In our post-market close analysis, we dive into the VIX Volatility Index, also known as the "Fear Index." Currently hovering in the danger zone around $12-$13, we're anticipating a bounce towards $16 over the next 1-2 weeks. As discussed in previous VIX videos, we're approaching the falling trendline resistance, with historical patterns suggesting a compression around $12-$13 until major catalysts or corrections occur. Join us as we analyze the VIX and prepare for potential market movements.
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