Vix looking to break downtrend and return to a rising direction
I dont believe the current state of the world is currently factored into the market prices. We have seen Crypto and stocks recover beautifully. However the recovery was fast the the war still rages on. With that being said SPY BTC are cooling off and although a retest of the up trend would be healthy it would be wise to prepare for more volatility and maybe take profits out of current Long positions you may be. The Volatility Index (VIX) seems to be breaking its down trend and seems to about to rise again.
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