The VIX may spike April 17-19 possibly because of worries about Korea.
In three out of the last four times the Daily RSI on the VIX has gone above 70% its been a good time to go long US stocks. In the Brexit "crisis" there was a RSI divergence.
The declining trend-line may also prove to be a guide to catching a VIX spike top.
If the SPX declines into the April 17-19 time zone, Fibonacci support is at 2280-2300 which was my original Minor wave "4" target.
Maximum profits are made by those who anticipate.
Mark
In three out of the last four times the Daily RSI on the VIX has gone above 70% its been a good time to go long US stocks. In the Brexit "crisis" there was a RSI divergence.
The declining trend-line may also prove to be a guide to catching a VIX spike top.
If the SPX declines into the April 17-19 time zone, Fibonacci support is at 2280-2300 which was my original Minor wave "4" target.
Maximum profits are made by those who anticipate.
Mark
