22/11 Week, page-114

This is my US vix chart
Won't trade until tonight
Futures indicating nothing atm

Blue arrows show that bulls failed twice to hit bullish top trend line
Yes, I know US markets made ridiculous new highs but I don't focus on indices prices

Red arrow shows what will happen tonight if bulls don't break through that blue line
Green arrow is the most likely path once it breaks through the blue line
Unfortunately if it stops at any of the orange lines, it confirms a bearish chart
So no Santa rally
Purple arrow is the hope for bulls to target as we go into December that is needed for a Santa rally

The gap at 21 didn't close last night so it could come back for it tonight & then begin the Santa rally (got really close but no)
If it goes for a run before the gap closes, then we come back for it in December & absolutely no chance of a Santa rally