Hedge_Of_The_World

Vix Approaching Long Term Support

Long
TVC:VIX   Volatility S&P 500 Index
Vix (log scale) is extending losses after the existing home sales print this morning - we're now down over 16% on the week after last week's spike to 21, and approaching the long term support trendline (in red). Let's see if markets finally roll over, and Vix becomes the most crowded trade on the street again.
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