Idea based on the price action and indicators.
As you can see VIX bounced of yellow support ,all listed on the chart indicators on 1D showing possibility of continuation move to the upside , but 200MA -(red line) can act as resistance , if we close above it on Friday ,then probability of the move to the upside will become higher .
Target around 25.
Not financial advice .
As you can see VIX bounced of yellow support ,all listed on the chart indicators on 1D showing possibility of continuation move to the upside , but 200MA -(red line) can act as resistance , if we close above it on Friday ,then probability of the move to the upside will become higher .
Target around 25.
Not financial advice .