A. When the 
VIX moves 20% (or more in a single trading day) ABOVE its 20 Period Moving Average this often signals a short term bottom in the market.
B. Confluence - We have a gap to fill furthering the probability of this short term bounce in the markets.
Remember we trade price action .
VIX moves 20% (or more in a single trading day) ABOVE its 20 Period Moving Average this often signals a short term bottom in the market. B. Confluence - We have a gap to fill furthering the probability of this short term bounce in the markets.
Remember we trade price action .
Note
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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.