johninvest17

VIX holding 200MA on 2 Day Chart

TVC:VIX   Volatility S&P 500 Index
Chart to watch is the Vix.

The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. ... The predictive nature of the VIX makes it a measure of implied volatility, not one that is based on historical data or statistical analysis.

Currently, the 200 MA is acting as strong support and recently we have broken out of this downtrend line.

Time to take some profits in the US market.
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