VIX Signals: Predicting Year-End Market Direction

05/12/2024 19 min
VIX Signals: Predicting Year-End Market Direction

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Episode Synopsis

This analysis uses the Volatility Index (VIX) across hourly, 4-hour, and daily timeframes to predict short-term and long-term market movements. The analysis suggests a potential short-term increase in volatility, but a sustained rise above key resistance levels (15.12 and 18.02) is necessary for a significant market correction. Overall, the prediction leans cautiously bullish, with the potential for minor pullbacks but a likely continuation of the current bullish trend unless the VIX breaks above critical resistance. The authors offer actionable suggestions for traders based on these VIX levels. A disclaimer emphasizes that this is not financial advice.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.