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TheSecretsOfTrading
Aug 24, 2022 7:33 AM

VIX Long

VOLATILITY S&P 500TVC

Description

Here the story keeps the same - wedge broken and doesn't show signs of reversing to retest the broken trendline.
We can expect the 26 target to be hit, but after that we will see a down-move - specially seeing Trend Exhaustion Divergences and RSI being overbought.

Long short-term (bearish for stocks and crypto) but Short mid-term.
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