VIX Reaching Full Fib Retrace
With today's falling wedge breakout, VIX has moved up to the full 1.0 Fib Retrace level on the downwards channel from March...
Contextually this makes sense, as the fears of a second wave and overbought indices mimic or "retrace" the fears from the first COVID outbreak, albeit muted due to the downward channel nature ...
Contextually this makes sense, as the fears of a second wave and overbought indices mimic or "retrace" the fears from the first COVID outbreak, albeit muted due to the downward channel nature ...
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