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Tradersweekly

VIX is making higher highs and higher lows

Long
Volatility S&P 500 Index (TVC:VIX)  
Tradersweekly Updated   
TVC:VIX   Volatility S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators VIX CBOE Volatility Index vixz SPX (S&P 500 Index) S&P 500 (SPX500) us500
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trendanalysis chartpattern indicator vix vixz spx spx500 us500
While the market continues to rise and investors grow confident the rally won't stop, the VIX keeps subtly making higher highs and higher lows.

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DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
Comment:
So far, the VIX has not fallen below the lower trendline.
Comment:
Illustration 1.01
snapshot
The VIX continues to hover above the lower trendline.
Comment:
The VIX bounced off the lower trendline.

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