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23.09.2022 07:31 AM
Technical analysis of the VIX Index for September 23, 2022

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The ongoing correction has only just started making us feel uneasy and we should expect a move into the fear-zone or even extreme fear-zone before this correction is over. Taking into consideration how much the central banks and governments injected extreme liquidity into the market during the Covid-19 pandemic, we should expect an equally huge amount that needs to be removed from the financial system to bring it back into balance. So, we should be looking for a spike into the fear or even extreme fear zone before jumping on the train again for the next big upswing.

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