cerealpatterns

sell vix outside upper envelope

Short
cerealpatterns Updated   
CBOE:VIX   Volatility S&P 500 Index
vix and vix products are selling off outside upper envelope. if we remain in a daily uptrend there could be room to jump back in but my guess is the market is bouncing for now.
Comment:
as you can see cboe vix is threatening to complete 15 min h&s
Comment:
depends on if we bounce off supply area sss whether vix recovers and market collapses to new lows if yearly will follow

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