Time To Sell the VIX : Powerline RSI

Powerline RSI is again signaling a strong overbought condition on VIX.

• Powerline RSI is signaling moderate overbought condition
  
• While there has been some correction downward, there is further pressure.
  
• A short-term short (4-week-ish) would be warranted.
  
• Compare condition now to the huge run up months ago.
  

Trade geschlossen: Ziel wurde erreicht