Time To Sell the VIX : Powerline RSI
Updated
Powerline RSI is again signaling a strong overbought condition on VIX.
- Powerline RSI is signaling moderate overbought condition
- While there has been some correction downward, there is further pressure.
- A short-term short (4-week-ish) would be warranted.
- Compare condition now to the huge run up months ago.
Trade closed: target reached
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