VIX is making higher highs and higher lows
Updated
While the market continues to rise and investors grow confident the rally won't stop, the VIX keeps subtly making higher highs and higher lows.
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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Note
So far, the VIX has not fallen below the lower trendline.Note
Illustration 1.01The VIX continues to hover above the lower trendline.
Note
The VIX bounced off the lower trendline.
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