TVC:VIX   Volatility S&P 500 Index
so Vix has reached that area of retest - but it may still go for that lower trendline before going up - in other terms - consolidation, possibly for a few more weeks until a real breakout appears.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.