VIX what hint can we get ?!

Hello everyone this is my Vix idea on daily time frame ..

Few things to keep in mind ..

First Vix started a downtrend since end of march

Second red line is a strong resistance that is suppressing Vix

Third Green line was strong support for Vix now turned into resistance

Now lets pay attention .. and think what Vix could be telling us

Even though with vaccine news and massive printing Vix refuse to fill the gap and break the black line actually Vix spiked on 21 Dec to test the green line and red line together ..
as long as Vix stay above black line it is not safe to assume things are back to normal

If Vix spike again to test the red line or green line and managed to close above them .. this will signal that red line or green line could turn into support thus giving Vix more time to grow ...
what i am trying to say is Vix think things are not stable around the world .. even though vaccine news stimulus etc is coming but there is Risk

for any question feel free to ask me :)

Komentar:

Vix remain above the black line with doji candle ..
still good sign