With SPY nearing important support level of 275-273 zone the VIX is a great tool to predict
the pending reversal and bounce.. VIX is in a rising wedge and has a little room to rise before breaking to the downside which I expect to happen next 2-3 trading sessions. Good time to watch for TVIX or a SPY pop soon.
the pending reversal and bounce.. VIX is in a rising wedge and has a little room to rise before breaking to the downside which I expect to happen next 2-3 trading sessions. Good time to watch for TVIX or a SPY pop soon.
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