Bullish RSI divergence
VIX has bullish RSI divergence on the 1hr timeframe.
20 SMA is switching from a resistance roll to a support roll soon.
50 SMA is acting as resistance line for falling wedge.
100 SMA and 200 SMA will converge and act as heavy resistance and prevent full breakout of wedge.
VIX will fall back inside the wedge to the lower trendline for a little longer.
(I had a longer more in-depth post but I had to delete it because I forgot something the first time, and forgot to copy the description. Not writing more)
20 SMA is switching from a resistance roll to a support roll soon.
50 SMA is acting as resistance line for falling wedge.
100 SMA and 200 SMA will converge and act as heavy resistance and prevent full breakout of wedge.
VIX will fall back inside the wedge to the lower trendline for a little longer.
(I had a longer more in-depth post but I had to delete it because I forgot something the first time, and forgot to copy the description. Not writing more)
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