Update 10:34 am EST: Structure is still building- Potential confluence at 3841.75 / 3855.25
Structure reset better fits a down/sideways megaphone inside the larger one. VIX is approaching next larger support trend line a small percent below yesterday (total of 6 connected straight line low points from 11/30/20).
VXX may be targeting 15.94 price zone short term.
VIX volatility [VVIX] has been in an uptrend for a similar amount of time and has initiated an acceleration leg up since 12/9/20.
See Critical Long-Term Review Here
The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
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