[VVIX] Microcosm Analysis: Price Right at Top of Downchannel

Price fell pretty deep through the white and green S/R all the way to the bottom of the downchannel where it bounced and shot right back up to the top of the downchannel and landed in the middle of the blue local support channel.

Would need a lot of power to close under the green and white S/R.

Comment:

Wow, freakin remarkable!