$VIX TOP 20
Added 2023-01-15 17:21:30 +0000 UTCThe upward trend over the last week in the market has invalidated the VIX chart and it is approaching a number of supports now.
A few conclusions can be drawn from this so take what you can from it. I think we can see that when a support line hits, especially the lower it goes, it tends to bounce hard....the VIX spends very little time consolidating, it hits support and bounces and then hits a resistance and then sinks.
