VIX…Pattern Alert!

Vix cash is attempting an ORH month with a close over 17.32.
Fulfilling this pattern would lead one to believe that there is more “Risk Off” in store.

This bears watching as sustaining above this level shows room for a move back to 20.

Vix has been a great tool to pick the recent support and resistance zones in the Equity Indices.

The correlation has been good.

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