VVIX was trapped in a trading range for 12 weeks. It finally managed to break out last Friday portending higher prices for VIX.
It is quite possible that it will retest the 95.5 level before confirming the uptrend.
It is quite possible that it will retest the 95.5 level before confirming the uptrend.
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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.