GMOTruths
Long

VIX — Inverse Head & Shoulders — Long at 19.50*

CBOE:VIX   Volatility S&P 500 Index
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Downward-sloping IHM.

Neckline is broken.

An upward sloping IHM would be a stronger indicator of future upwards direction, given a broken neckline (I believe).

Broadening wedge . Go long when it reaches 19.50, or touches the lower channel line.

http://thepatternsite.com/abw.html
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