Volatility may have reached a turning pointWhile more and more investors believe that a sharp price correction has already started and more and more retail traders are opening short positions on the indices, divergence indicators suggest that the VIX could fall soon.
The H2 chart shows the formation of a symmetrical triangle - a trend continuation formation when the bullish trend is in place.
The price of the VIX is currently at the upper edge.
It would be possible to take a short position or speculate on falling volatility in other assets while quickly finding an error in the analysis.
