$VIX: Bullish Wedge - Does the market want to head lower?
In conjunction to taking a look at the index charts, I'll also take a look at the $VIX. To me, its clearly forming a bullish wedge and today's move just solidifies that opinion. (I had drawn in the wedge shape over the weekend).
1260 will be a very important level for the S&Ps to hold.
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