In the past few weeks the VIX seems to have been tamed despite all the uncertainties in the market. We are currently approaching the trendline support spanning from Jan 2018 and we should hopefully see some reaction in this symbol. If the market responds at the trendline support like that of Jan 2020, a break of the triangle (indicated by the green arrow) should see some heavy selling in the overall market.
Note: This is not a financial advise. This is my way of sharing my trade ideas with the community. Any decisions you make from this is entirely yours and has nothing to do with me.
Note: This is not a financial advise. This is my way of sharing my trade ideas with the community. Any decisions you make from this is entirely yours and has nothing to do with me.