Looking at the trends, RVI is about to push into the sweet spot, and somehow the price has been clmibing even though the V.I. (-) should be pulling the price down. Something strange is provoking a possible bear trap.
We have a moment of truth happening somewhere over the next 8-14 days. We either break the barrier, or we drop down to a very scary low.
Trade with caution, everything I say is speculation, always consult your own. This is just a hobby for me.