VIX Update (4/2/2024): Potential Short-Term Bearish Outlook - Stay Vigilant!

In this VIX update for 4/2/2024, I'm adopting a bearish stance over the short run, anticipating a decline towards $12.50-$13. This could temporarily suppress both traditional markets and cryptocurrencies. My bias suggests that 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. #VIX #VolatilityIndex #FearIndex #MarketAnalysis #BidenAdministration

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#VIX #VolatilityIndex #FearIndex #MarketAnalysis #BidenAdministration, #ta, #technicalanalysis, #impliedvolatility

Here's my chart reference from #tradingview - https://www.tradingview.com/chart/VIX/YyPBwc5x-VIX-may-fall-to-12-50-again-soon/