VIX analysis update - pattern holds but VIX is showing signs
Update on my VIX analysis. The pattern held perfectly for the peak and bottom this week. Interesting to see if it holds for next week. However, note that the VIX did not go down as much this cycle. Down on 14% vs 18%. Also, it went back up 37% vs the previous of 27%. Not sure what that means. Maybe an indicator that the market still has some big moves ahead? Maybe a big drop by months end?
