Hello Friends and Welcome
In this plot, the main idea is to elaborate an analysis of the Volatility index.
As you can see, the Downtrend Line has been broken on the past days, and now the possibilities of a throwback are bigger. because the detection of a divergence on the Oscillator.
In this plot, the main idea is to elaborate an analysis of the Volatility index.
As you can see, the Downtrend Line has been broken on the past days, and now the possibilities of a throwback are bigger. because the detection of a divergence on the Oscillator.
It has been difficult to reach the target, even the volatility makes us think in a possible change of movement, but the divergence is still working to the down side.
Now, we could expect another dead cat bounce, but we must be very alert to see if it comes invalided
Regars