VIX rising channel
Updated
VIX approaches key level 50. From there we can short the break or wait for the downtrend line to break to buy. Of course market sentiment will signal as well.
On smaller time frame we see a rising channel, trade the break to the downside and target 50 area.
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Good Luck and Stay Healthy!
On smaller time frame we see a rising channel, trade the break to the downside and target 50 area.
Please leave a like and share your thoughts.
Good Luck and Stay Healthy!
Note
5 min chart shows a clear rising channel
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