With today's falling wedge breakout, VIX has moved up to the full 1.0 Fib Retrace level on the downwards channel from March...
Contextually this makes sense, as the fears of a second wave and overbought indices mimic or "retrace" the fears from the first COVID outbreak, albeit muted due to the downward channel nature ...
First time publishing anything -- apologies for brevity, just logging my notes
Looks like starting to form Head-Shoulders, hoping enough support @ 0.025 level to keep us long