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SkyTrees

4hr VIX Bowl

Long
Volatility S&P 500 Index (CBOE:VIX)  
SkyTrees Updated   
CBOE:VIX   Volatility S&P 500 Index
Trend Analysis Chart Patterns Harmonic Patterns VIX CBOE Volatility Index snp500 DXY Gold Silver Coal nuclear Energy Commodities
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trendanalysis chartpattern harmonicpatterns vix snp500 dxy gold silver coal nuclear energy
Here's a potential path ahead for the VIX indicator in the shape of the handle on a cup which began being built back in early May 21' (as shown in the graph below.

$SPX overbought with a strong negative RSI divergence.

My intial target is the 24 - 26.5 range, but if it were to break out I might reassess.
Comment:
DAILY -
snapshot
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