In this update I want to share my view on the S&P500 and VIX.
During the week, I will share my analysis and trading updates on my trading feed. My account EdwinVandenBerg will be used to trade the US and European stock markets and Bitcoin. Sign up for a free account et eToro and follow my trades.
My bond portfolio (short sovereign EU bonds – The Real Bubble Trade) is a flatliner, not much happening yet…but I’m in no rush at all as this is a long term trading idea and a hedge against rising interest rates going into the year 2030.
My portfolio at Poloniex (cryptocurrencies) is up >400% (madness, sometimes I wonder if it isn’t the next Tulip Mania) since the start of 2017.
Enjoy the charts below and your day!
VIX Daily Chart
Keep an eye on the flag pattern, a break above 10.20 is bullish and might target 17+.
S&P500 DAILY CHART – Cycle of 70