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$VKTX is due for one of those mini spikes back over $70-71 soon. It’s been in a fairly notable trading range for god knows how long… and right now I feel it’s at the lower of that range. Just my GIG indicator.
$VKTX is due for one of those mini spikes back over $70-71 soon. It’s been in a fair notable trading range for god knows how long… and right now I feel it’s at the lower of that range. Just my GIG indicator.
$VIX since the Dec 2023 lows, each time the VIX stabilized around the high 11’s and mid 12’s, it led to a bounce back to at least 14-16ish before getting faded again. 6 for 6. I feel we are set up for another one of those mini-mini pops here soon. Currently VIX is 12.45.…
The $VIX, a measure of market volatility, hit a new low in 2024, closing below 12 for the first time since 2019. Analysts speculate on the potential for further decline or a bounce back based on historical patterns. Traders also discuss opportunities to capitalize on the volatility, with some considering it 'dirt cheap' and others predicting mini spikes in certain stocks like $VKTX.