VIX is testing a strong long-term upside support
VIX is testing the 18-18.5 zone. This is a key support zone for the upside reversal and continuation higher. Since Indices are in what seems to be a topping pattern we could expect a VIX to hold 18 and bounce higher for a test of 26. A break below 18 would lead to an extension lower and would lead to a new high in Indices.
Note: look for the long trade entry with the stops just below 17.50
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