Sonny
Sonny
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Sonny

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Full time trader and investor specializing in Elliot Wave Theory, market psychology and macro cycles.

5.1kPosts
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Sonny
Public Post

VVIX/VIX retesting the daily breakout on RSI, meaning volatility is coming to the VIX soon. I expect that volatility to be to the downside to completely flush sentiment and force bears to capitulate.


This will be a key trigger for a market top and for me to begin my hedging strategy once it moves towards 6.92

VVIX/VIX retesting the daily breakout on RSI, meaning volatility is coming to the VIX soon. I expect that volatility to be to the downside to compl...
Sonny
Public Post

Topping signals are starting to fire for the US indices, we're really close to a top forming.


I'm waiting for a confluence of signals to all fire in order to confirm the top is in:


Move Index at 84 - check

VIX flush towards 12 - waiting

Equity put/call ratio down towards 0.5 - waiting

VVIX/VIX push to 6.9 - waiting

USDJPY top around 150 - waiting


Once several of these triggers confirm, it will be time to take profits in Crypto.