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VIX (VX) Close to Completing Tradable Bottom on Daily Chart

Long
TradablePatterns  
CBOE:VI2!   None
VIX CBOE Volatility Index vx2! vx1! Volatility
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vix vx2! vx1! volatility
The VX experienced a bit of profittaking Friday, but has rebounded somewhat in today's session so far. The uptrend support line connecting the lows from July, August and last week appears to be holding. The daily RSI and Stochastics are now turning up, and should be followed by a daily MACD positive crossover shortly. Weekly RSI and Stochastics are trying to bottom, although the weekly MACD blue line is still sloping down.

Feel free to visit goo.gl/Yz8IT5 for today's technical analysis on $VIX, $ES_F, $KC_F, $NQ_F, $EURUSD, $DX_F, $SI_F, $NG_F, $AUDUSD, $EURCHF, $GBPUSD, $CT_F

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