Reversal on VIX ?
$CBOE Volatility S&P 500 Index (.VIX.US)$ $VIX Index Futures(SEP4) (VXmain.US)$ $S&P 500 Index (.SPX.US)$ $NASDAQ 100 Index (.NDX.US)$ $Dow Jones Industrial Average (.DJI.US)$ The VIX has just been "oversold". The RSI & MACD on the 4H chart, show a Golden Cross. The 50EMA and the 100EMA act as support/resistance, and which coincides with 2 important levels of the Fibonacci Retracement. The stock price seems to form a Bullish Descending Triangle.
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Trwils1230 : the vix dosnt work with analysis like that
Kirk Holmes Trwils1230 : not typically anyway, easier to apply to the vixm or vixy than .vix anyway