Trend line has been rejecting the VIX on every dip on the S&P500. If the VIX shoots through the trend line, huge momentum has pushed the S&P through a resistance, and a selloff is incoming.
Note
oh wow, would you look at that, VIX just broke the trend line.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.