VIX: time for some short vol?A price action below 33.05 supports a bearish trend direction.
Further bearish trend support below 31.65.
Consolidation price range from 28.60 to 31.60.
Crossing below the 28.60 support might target 25.65 (200-day simple moving average and 38.2 Fib)
Crossing above 31.60 might be the first sign of bullishness returning.
Retracting from the upper range of the Bollinger Bands, supporting a correction.
Remains a risky trade.