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mperri329

VIX Breakout or Fakeout

Volatility S&P 500 Index (CBOE:VIX)  
mperri329  
CBOE:VIX   Volatility S&P 500 Index
Trend Analysis Technical Indicators Chart Patterns VIX CBOE Volatility Index S&P 500 (SPX500) SPDR S&P 500 ETF (SPY)
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trendanalysis indicator chartpattern vix spx500 spy
VIX is a very interesting spot right now. Deep into a demand zone and currently breaking out of the upward trendline that has been acting as support.
I think the VIX will go up from here, but who knows. Definitely an interesting zone to say the least!
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