VIX Bearish trend
The trend looks bearish, we've broken the descending triangle in red and are now sitting within the lower channel that could take us back to the 13 levels, if market stabilizes. There could be a correction to 19 where there is a small open gap waiting to be filled, if we get there a spike to 21 and 22 resistances is possible - depending on the catalyst - those are good entry points to short again. Both the BB and the LT Pulse are showing that a squeeze is about take place, let's see which way and adjust accordingly.
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