TukkaNomist

Will CBOE VIX cool down ?

CBOE:VXD   DJIA VOLATILITY
Negative divergence on RSI indicates that some bit of cool down may take place before resume of upmove in volatility . Break of RSI failure should be observed for confirmation. Option writing can be done who can take high risk and do not want to wait for RSI failure breakout. 80-40 rule of RSI must be remembered while observing CBOE VIX .

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