Markets-Sniper

VIX Daily - 01132023 Breakdown

TVC:VIX   Volatility S&P 500 Index
VIX Daily represented in a Symetrical Triangle coming into the pattern from a bearish stance. This generally signifies a continuation pattern as it has on this chart. Its odd to see the VIX dropping while the SPX is also dropping today. Lets see if that holds. We may get BTD going on and the VIX may retest the pattern as it should.
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