TVC:VIX   Volatility S&P 500 Index
Successfully broke out of this descending wedge and breaking past the 1/1 Gann fan barrier indicating possibly the start of higher moves to come if closes above barrier.
What Biden just announces about raising capital gains tax definitely was a good little match to start a fire in uneasy markets.
What this does is incentivize selling this year but we have to see if this will pass congress.
This is going to be something to watch closely.
That's all folks
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.