If VIX were a stock I’d be saying look at that little potential bottoming pattern; look at the now green MACD & RSI, positive AROON and ADX turning up. I’d be saying that this looks like a kind of pattern a bottom feeder would consider buying… if VIX were a stock.
As it is, NFTRH 515 said this in the Sentiment segment using this chart…
VIX diverged Inverse SPX prior to the big February downdraft and one wonders if today’s divergence might mean something also.
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