I'm watching closely this Vix thing. Some bullish hints can be seen, RSI and MACD allthough not strong yet. Should it want to close the gap, I think it'll reach the green box, between MA20, daily Pivot and 38.2 % Fib retrace. That'll be enough for SPX to move decisively. Any thoughts?
Vix - Waiting for price point of 11 ish to go long
use angle 4 and 5 as your entry angle,,, if price goes up near angle 4 take a bear position swich to bullish if price close above angle 4 and switch again if it afterthat close bellowe angle 4,,, same setup with angle 5 if price close above angle (ii),,,
need to break angle a for bearish movement,,,
need to close above faling angle for possibe bullish movement,,,
and 2007 (a) and both angles are potential support,,,
If price is above angle a we could possible reach angle b in Aug,,, If price close bellow angle a we have our eye at possible angle c,,,
New highs for Russel but someone buys protection! No new lows for protection!