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Candlestick Ninja's VIX & UVXY Update: Short-Term Bearish | April 15th 2024
Join Candlestick Ninja for the latest update on the VIX and UVXY! Despite a rise to $19 and potential push towards $20, our bias remains short-term bearish. Loose money actions are expected to suppress volatility in the short run, keeping the VIX under $20. However, our longer-term outlook remains bullish. Tune in for valuable insights into market dynamics and potential trading opportunities. Watch now on CandlestickNinjaTV!
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Reference #TradingView Chart -https://www.tradingview.com/chart/VIX/bBTXPOhg-VIX-UVXY-Update-Short-Term-Bearish-Outlook-Amidst-Loose-Money/?social_toast=true
#CandlestickNinja #VIX #UVXY #MarketAnalysis #Volatility #fearindex #prosharesuvxy #uvxy #vix #ta #technicalanalysis
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