Hedge_Of_The_World

Vix Ready for Lift Off

Long
TVC:VIX   Volatility S&P 500 Index
Vix is seeing consecutive rejections at the 21 day EMA, which is sitting just below a previous support level turned resistance. If we see a breakout above this level today, we have initial upside to the 50DMA around 20.9.
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.