rv

VIX(Daily). Basing-Falling Wedge potential break_out-Watching.

Long
rv  
CBOE:VIX   Volatility S&P 500 Index
4
Long term horizontal trend_line support (26-8-14).
Wedge (abcde) potential, price at 50 and 300 sma confluence.
Breaking out, sustaining that level, targets 17.20 level, measured target, resistance confluence.

RSI bullish divergence - potential geometry break_out.

Support 12.
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.