The VIX Remains Poised to the Upside

Despite another grind higher today in the major indexes, the moves were on weak volume, as has become the norm for most of the upside moves over the last few weeks. The VIX, which broke from both long-term and short-term bull flags, remains elevated above the recent, smaller bull flag. It is still in a position to take off to the upside.
Chart PatternsTechnical IndicatorsVIX CBOE Volatility Index

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