$VIX
Added 2023-09-21 11:18:14 +0000 UTC$VIX has managed to get above the 50 Day MA after two days of blood on the streets, next test will be the yellow trend line that has only been broken above twice since October '22.
The first was in Feb/March and it took regional banks collapsing for this to happen (which was Wave 2) and then in the middle of August (which was the start of Wave 4)
The August breakout was quickly caught by the 200 Day MA just slightly above, I suspect it will have no issue coming to the rescue here again.
The trend line level is at $17
The 200 Day MA is at $18.
