Vix - bullish crossover - expect elevated vix in coming days

Actualizado
We have bullish MA crossovers on the CBOE vix
In the past these crossovers have been pretty reliable and have led to extended bouts of volatility
Nota
An initial pullback towards 21-21.5 and then barrel higher is the preferred path. Bad one for mkts will be a straight up obviously
Nota
Vix down today. Expected path (read yday comment) is initial down to around 21-21.5 and then sharp up. Bulls should be worried that they cant mount a rally even on a weak vix day.
Nota
Another dpwn day today so far. We went close to 22. The risk of spike is high here on. we might go lower or not but a spike is the bigger risk here
Nota
Low today was around 21.7 and then boom. Exactly followed the path
Operación cerrada: objetivo alcanzado
Highs done around 35. Enough for now. This is where vix usually tires out. Barring a catastrophe, Vix cools down from here
Technical Indicators

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