Vix marching toward 31.95

17 Şub 2022

Vix rising channel appeared at the beginning of Feb. RSI downtrend was invalidated today (2/17) as RSI broke to the upside. Resistance at 31.95 based on Jan 26’s close price. My guess is Vix marches up to 31.95 in the next few days.

24 Şub 2022

İşlem aktif

Vix gapped up and touched the top of the rising channel. Is hovering well above 31.95. A couple of closes above 31.95 might indicate a near-term support has formed for Vix. Conversely, a close below 31.95 may be more likely.

2 Mar 2022

İşlem aktif

We've closed above 31.95 and Vix is still respecting the channels laid out in this original idea.