InvestingScope

VIX: Aiming below the DMA50.

Short
CBOE:VIX   Volatility S&P 500 Index
The Volatility Index is currently pulling back on 1D turning neutral again (RSI = 51.020, Highs/Lows = 0.0000) with MACD still bullish (0.780) but decelerating as it approaching the 1D MA50. Based on a similar pattern in 2018, the index should break below and consolidate for the next 2 months restoring stability back on the markets.





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