youngfedor

VIX the index of Fear! (31/07/2018)

TVC:VIX   恐慌指数
Hello Traders!

There is the devilish and confusing correction on VIX index!
Although it’s readable and has the close negative correlation with E-mini S&P 500 and SPY index (etf).
Sure, that the price is forming the “Leading Diagonal Triangle” (LDT) in “a” subwave.
So it gives the opportunity, to predict continue of uptrend tendency on ES & SPY near time.

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Best regards, trader Igor.
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