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btrombley10
May 20, 2022 9:37 PM

VIX failed to make higher highs as SPX made lower lows Short

TVC:VIX1D
VOLATILITY S&P 500TVC

Description

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Notice the RSI getting rejected by the trend line. The VIX making lower highs is bullish divergence for SPX. Another bull case for pretty much everything since it’s all one trade these days.
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