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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!

The BB upper band is nearby so VIX is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 14.08.

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