VIX - VOLATILITY S&P 500 (VIX)

[Candlestick_Ninja]

In this VIX update for 4/2/2024 from #CandlestickNinja, there's somewhat of a bearish stance over the short run, anticipating a decline towards $12.50-$13. This could temporarily suppress both traditional markets and cryptocurrencies.

This short term bearish bias suggests we'll remain under the falling trendline on the VIX until year-end or the election period, with potential interest rate cuts and loose monetary policies by the Biden administration.

Stay informed with this critical fear index analysis:

Also, feel free to reference my Chart on #tradingview https://www.tradingview.com/chart/VIX/YyPBwc5x-VIX-may-fall-to-12-50-again-soon/

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This analysis is for educational and info purposes only, ensure you only invest money based on your own analysis and decisions at the end of the day. Using various sources, combined with the three Ms of Mind, Method and Money Management, including stop losses and limit orders, is something you should do too.

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