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$VIX . Watch it.

I am still short on the market and is losing money now. However, I am also wary of what’s going on with VIX. VIX is now around $18.31 . The lowest from the chart is…

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VIX ($VIX) : Watch the resistance

Watch the resistance of VIX both on the Daily Chart and the Weekly Chart. 1. Daily Chart Noticed how the Chikou Span (as identified by the circled area) is providing some resistance 2. Weekly Chart…