EliteTradingSignals

VIX SENDS CLEAR BULLISH SIGNALS|LONG

Long
TVC:VIX   Volatility S&P 500 Index
Hello,Friends!

The BB lower band is nearby so VIX is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 14.49.

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Comment:
We are seeing a good move already so we will keep the trade running!

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