VIX moving up possibly within the week!

Long

ProShares Trust VIX Short-Term Futures ETF (AMEX:VIXY)

AMEX:VIXY ProShares Trust VIX Short-Term Futures ETF

Trend Analysis Chart Patterns Technical Indicators VIX CBOE Volatility Index

trendanalysis chartpattern indicator vix

VIX is showing signs of a bottom and I think this will move up in correlation with the DJI gap below possibly filling. We have 200 and 50 emas above at highest target, 200ma at lower target, both match up with smart money high volume buying in theory. NFA, DYOR

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