With the ascending structure on the VIX retesting the daily Trendline. The VIX is at a critical technical point. Lower then the RED O it will cause a cascading reaction driving the VIX lower.
Higher than the RED X, the VIX will be forced higher.
Higher than the RED X, the VIX will be forced higher.
Note
will be looking for a few long oppertunities
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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.