Expanding wedge, generally bearish and not a good general market indication for spy. However, i believe this will be a fake out type situation and we may see 358's or 359's before a reversal to the upside otherwise we made see a huge move downwards.
VIX
Looking strong here as well despite it being right at oversold levels, there's not a weak enough setup to justify testing June lows again
VIX
Looking strong here as well despite it being right at oversold levels, there's not a weak enough setup to justify testing June lows again
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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.