cerealpatterns

i do think the vix is going to bounce, but not yet

CBOE:VX1!   CBOE VOLATILITY INDEX (VIX) FUTURES
i think the vix will have to sink before it gets the rebound that it seems destined for. ive marked out a couple scenarios. if we climb above pivot i would look for upper horizontals and one of the green scenarios yo play out. if we remain beneath it id look for one of the red scenarios and lower horizontals.

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