Still showing a falling wedge but yesterday Close beneath the daily 21ema and out of uptrend which is bearish.
Also the falling wedge would then turn into a double top if we break support wedge support or purple line.
If Vix is a double top and it breaks support then the vix is heading to 25 white line. Which means the Markets could have a bear rally through next week.
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.