UnknownUnicorn5063481

Volatility can tick up a bit

CBOE:VIX   Volatility S&P 500 Index
the CBOE volatility index chart daily, has an oversold Fisher Transformation oscillator -2.0,
while the trendline seems to have formed a base around 28, that has the potential to spark a sudden increase in volatility , giving shape to a double bottom pattern
given the oversold conditions in the oscillator.
A tick up in CBOE volatility toward the IKH Kijun line printing a Vix 36 could be possible.