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VIX breakout before April 2020

Long
Volatility S&P 500 Index (CBOE:VIX)  
FadeTheTrade  
CBOE:VIX   Volatility S&P 500 Index
Chart Patterns
7
2
chartpattern
I believe we will have a breakout from this structure before April. It could move in either direction but realistically the risk is to the upside.

I personally don’t trade this but a useful indicator for other related markets.

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