$VIX reversal off 200dma + divergence -> warning of Volatility

9 ביוני 2020

Keep an eye on the vix, we saw a pin bar reversal off the 200dma coupled with divergence where the VIX made a new low but RSI made an equal/higher low. If anything, this is giving me a clue that we ought to see some volatility come back to the market. Generally a higher move in the VIX will correspond with a market sell off.