VIX: CBOE adjusted the VIX to 13.95 after it dropped below 12

CBOE Volatility IndexCBOE

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⋅ Jul 19, 2018 2:38 AM

for a lower low. Today's low should mark the end of wave 5 with 13.95 point A of the ABC correction. Interesting note is that every time CBOE does that, VIX continues to drop the next several days. This could account for wave B.

Wave Analysis