Legendary Charts

Jun 29, 2025

$VIX a check in monthly look has me feeling we could get that single digits in $VIX volatility down and no spikes that Scott B said no spikes or lower low spikes last was a lower low $60.13 in April is when the comment was said and has been more absent the scene like saying he’s sitting on his hands as the markets despite wars news Ukraine and Russia and Israel and Iran all in the same legion that holds most people who run America religion, East vs West and USA is the west but since we have peoples here in more majority a mixture of the world for instance Muslim and Christian are right beside each other here more.

War news now is soaked up now.

May no spike lower high $25.62

June has up move weaker a hightail lower high $22.51

Has flat wedge we at uptrend line around this $16 has a chance to either reverse thrice low at $16.11

Currently $16.32

Or we going open lower low next week a short week then stair step to that $10.62 has wick squeeze target $12.98 $13

Check a bar chart look can see this a important area as markets like tech is at higher highs at double top areas that for $QQQ on reset with new prices above new resistance to figure out by price action builds tops.

$VIX daily has gap magnets to fill from $18.80 to gap fill $19.79 waiting for me to write another $VIX piece.

This coming July 9th I believe so after the 4th holidays which holidays reversals may give a profit taking spree and go on to vacation free may be on mindsets trading the V bottom fast and furious literally.

We on 3rd falling high $22.14 downside biases press down is under $18.31