VIX and Crude Oil Risks to Watch on S&P 500 This Week

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VIX and Crude Oil Risks to Watch on S&P 500 This WeekS&P 500SPCFD:SPXAlchemyMarketsA quick update on our existing channel we've been tracking. The VIX has been in extreme low volatility for 17 days straight, ironically under the 17 reading. Additionally, WTI Crude has an inverse head and shoulders, threatening a breakout (not good for equities). As we head into a new week, these are the technical bearish conditions to be aware of, especially if you plan on holding overnight long positions. Trade safe and take care! - Yang