EliteTradingSignals

VIX BEARS WILL DOMINATE THE MARKET|SHORT

Short
TVC:VIX   Volatility S&P 500 Index
Hello,Friends!

The BB upper band is nearby so VIX is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 14.08.

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