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Apr 30, 2015 7:28 AM

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

CBOE Volatility IndexCBOE

Description

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.
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