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VIX BEARS WILL DOMINATE THE MARKET|SHORT

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Indeks Volatilitas S&P 500 (TVC:VIX)  
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TVC:VIX   Indeks Volatilitas S&P 500
Trend Analysis Chart Patterns Wave Analysis VIX CBOE Volatility Index short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

VIX pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 15.90 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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