Charts I’m Watching: May 1, 2026

Futures are slightly higher following yesterday’s spasmodic lurch and have tagged the two Fib extensions: the 1.618 of the 22% 2024-25 correction and 1.272 of the 10% correction earlier this year.

 

VIX continues to motivate the algos…

…while VX has declined to drop below its SMA200.

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