Hello Traders, just wanted to give you guys a quick look at what I am seeing in the $VIX. As you guys know it has been a roller coaster for these past couple weeks and some may even say months. I am just trying to make sure that everyday I trade that I am trading with the market and not against the market. I have posted a chart below showing the $VIX that has broken above a downtrend line and that has currently closed above it two days in a row. A break back below the trendline could trigger a bull trap.
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