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VIX – between a rock and a hard place

VIX after moving higher over the last 1 month, nicely hit the 100 day moving average resistance. But now, the other 2 moving average, 20 and 50 is catching up to give some support. In the next few days, VIX (a sign of fear) would have to decide if it wants to break the support or resistance. And that would signals where the market wants to go.

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