The VIX has broken a long-term supporting trend line and this might indicate that the much-anticipated correction is going to be an inversion and bullish continuation. If the S&P500 can breakout above the upper resistance trend lines on the weekly chart, it might just fool everyone again.
This would invalidate my prior short sale plan. And breaking this trend line on the VIX should not be overlooked or taken lightly for use trading with real money.
This would invalidate my prior short sale plan. And breaking this trend line on the VIX should not be overlooked or taken lightly for use trading with real money.
