2008 didn't repeat 1:1, but history tend to rhyme - and so it is doing right now.
VIX dropped lower than it should - very likely manipulation - but is holding a certain level - when I checked for any curve that could be adjusted to it - I noticed a small detail - 2021 fakeout.
2021 was the last push to the upside - the one that broke VIX trend - but now is holding to it once again. The channel is now clear and we are at the bottom of it.
Not bullish at all for stocks.
Vix likely to bounce up soon.
VIX dropped lower than it should - very likely manipulation - but is holding a certain level - when I checked for any curve that could be adjusted to it - I noticed a small detail - 2021 fakeout.
2021 was the last push to the upside - the one that broke VIX trend - but now is holding to it once again. The channel is now clear and we are at the bottom of it.
Not bullish at all for stocks.
Vix likely to bounce up soon.