Fear Index (VIX); Testing 2007 level support level!

Below looks at the VIX index over the past decade. Over the past three weeks,¬†the VIX has been falling¬†sharply,¬†over 40%. This decline has our attention from a Power of the Pattern perspective, see why below. CLICK ON CHART TO ENLARGE Over the past 7-years, the VIX has remained inside of falling channel (1). Line (2), … Continue reading Fear Index (VIX); Testing 2007 level support level!