[VVIX] I'm Not Just Pullin This Out My @$$ People!
It's resting exactly on the bottom of that very powerful long term S/R trend channel and wedging up right against the 6M downtrend S/R.
It almost exactly cleared the entire downtrend channel (it got a little stopped up by the white horizontal S/R) before coming to rest right atop the yellow line.
This has got to bounce up people, it just can't stay this low much longer. It's itchin' to get out of this channel and under is just a bit uncomfortable for it in this economic and political climate.
It almost exactly cleared the entire downtrend channel (it got a little stopped up by the white horizontal S/R) before coming to rest right atop the yellow line.
This has got to bounce up people, it just can't stay this low much longer. It's itchin' to get out of this channel and under is just a bit uncomfortable for it in this economic and political climate.
Comment:
Wedging under the downchannel now between long term upchannel and horizontal S/R. It really hates being crammed in like this.
Data analyst with a passion for best fit lines B)
