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Bearish Divergence on S&P Volatility at PCZ of Bearish Bat

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Indeks Volatilitas S&P 500 (TVC:VIX)  
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TVC:VIX   Indeks Volatilitas S&P 500
Trend Analysis Harmonic Patterns Technical Indicators S&P 500 (SPX500) volitility SPX (S&P 500 Index) volitilityindex Bearish Bat
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trendanalysis harmonicpatterns indicator spx500 volitility spx volitilityindex bearishbat
This Bearish Bat would have me believe that the VIX Bullish Butterfly Rally will come to an end and go back down to atleast the area of $28.50 but i wouldn't be surprised if it went into the lower $20s if this played out.

For more context this was formerly a Bullish trade Setup but now it's reached the target and we are looking for a retrace downward again.

Check the relatted idea below for further context of the previous trade.

Ide yang Berhubungan

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7-10 Year Bonds May be Ready To Go Up due to the FOMC Actions
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Bullish Divergence on S&P Volatility at PCZ of Bullish Butterfly
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