jojofang0901

VIX Continuation Up Move

Long
TVC:VIX   Volatility S&P 500 Index
Hi traders:

VIX is shaping up for another buy potential.

Price has been consolidating for quiet sometimes in the wedge structure, and finally see a lower time frame break out.

We see a smaller correction, and price manage to impulse up.

Waiting for a correction structure on the lower time frame would be the ideal buy entry.

Look for the recent tops as a potential target, and see what price will do when it reach that area.

thank you

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