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VIX is still in my panic area but getting better:Not sure when yet but the VIX may be the key. I want at least to be below the panic line and maybe the danger line. I will do a VIX chart in the morning.
That vix chart looks like it might want to break higher!?VIX is still in my panic area but getting better:![]()
That vix chart looks like it might want to break higher!?
Maybe... Definitely think we are going lower or retesting lows within a couple weeks.Re: VIX, Maybe a mini bear flag (yellow) inside a larger bull flag (white)? :1244:
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Hanging in there:That vix chart looks like it might want to break higher!?
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Now the opposite happened. Stocks didn't move much and the VIX moved a little more. The breakout is not confirmed yet because the panic line is support:Still working the channel. Even though yesterday was negative the VIX didn't move much. The VIX is in a descending triangle pattern which is 70/30 to break out through the bottom support:![]()