VXO–Volatility on the upswing…
Appears BULL flag in the making…
VXO rising with the SM…
No idea how this transpires, longs need to have stops in place…
Polls
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POSTING INFORMATION
FSM is building out an expanding wedge on the daily, currently working on the 4th reversal point. Question is, when it hits the top rail will price continue to break out or start falling from there?
RSI, STO & CCI could be forming a pattern of lower highs (bearish), and will do if price starts falling once it hits the top rail.
Weekly looks bearish, monthly looks good, very good in fact. Would be interesting to run a Fib on the monthly and see whether it’s managed to hold any of the retracement levels.
Will post daily in a minute.
Apologies re the lower highs comment!!!!!