$VIX heading lower again. What if it breaks support?

13 Eyl 2023

VIX seems to be heading lower and looks as if it wants to touch the recent support level.

Weekly #VIX is showing some RSI positive divergence.

We've been bullish since Sept 2022. However, we recently turned NEUTRAL.

However, we need to be open and focus on trends and momentum and not hysteria. If the VIX breaks the yellow line, then chances are #stocks are going higher again.

Interesting, no?