Well it is or it is not. If this were a stock pattern, it would be price in a falling wedge moving down to tap its toes on support.
But it is not a stock, its the VIX. 60 zone above is the 30 year + ceiling of max ressistance. Will we break up and through the wedge and attempt AGAIN to challenge 60 ???????
Maybe rest of this week provides clues.
But it is not a stock, its the VIX. 60 zone above is the 30 year + ceiling of max ressistance. Will we break up and through the wedge and attempt AGAIN to challenge 60 ???????
Maybe rest of this week provides clues.
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