Volatility Index outlook

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As the sell off in indices finished as VIX tested resistance, now waiting for the break of resistance to buy.
It would also signal another potential sell off in indices for that day.

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Snapshot
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Looks like a Double Top was triggered and now we are going to retest broken level around 50% fib.
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Snapshot
VIX is at 61.8%. A bounce would mean indices could sell nicely today.
Trend AnalysisVIX CBOE Volatility Indexvolaitilty

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