An update on yesterday's VIX chart.
As suspected, the VIX broke through last night above the down sloping trend line. The market is looking shaky and perhaps almost run out of steam....
Gearing up to go short in the near future, but looking for a re-test of that trend line as support before I do. Re-test possibly coming early-mid July when I expect a high. Scalping a couple of longs will be my focus later today.
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