VIX broke every thing all together except our last MAJOR low !

By samitrading
Updated
Breaking our last low is just a game changer for a while we will see a new ATH if we do that
we stand at it to the point therefore this move of VIX is just another validation for this Bullish
move and more to come if VIX stays here below 50d MA .
Comment
According to John Murph's book, a third day below a broken trend line is a confirmation of a legitimate break out. Now as of this very moment, we mark 3ed day below our "Orange" trend line. Another confirmation that a bottom is in place !
Technical IndicatorsSPX (S&P 500 Index)spxindexTrend AnalysisVIX CBOE Volatility IndexVIXY
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