The VIX managed to stay above its major resistance level for the entire day to day. That is a very bearish signal that it is ready to make a move. I would assume it may be a large move to the upside given the major trend line, wedge pattern, and major resistance line from February. Too many things in one spot.
Technical IndicatorsTrend AnalysisVIX CBOE Volatility IndexVXXWave Analysis

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