i dont like the way the VIX tests resistance
then falls lower..
a spike to 32 would of confirmed a broadening reversal
pattern, but not to be....
looks like a three black crows candle pattern to..
just not seeing a pattern of rising higher lows
to confirm a bullish consolidation period like
in the previous period before oct 08...
we may not have a very long 5th leg (or non existant)
if yu are to believe my e wave pattern which could
encourage the vix to reverse hard here..
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