VIX (VX) Close to Completing Tradable Bottom on Daily Chart

17 нояб. 2014 г.The VX experienced a bit of profittaking Friday, but has rebounded somewhat in today's session so far. The uptrend support line connecting the lows from July, August and last week appears to be holding. The daily RSI and Stochastics are now turning up, and should be followed by a daily MACD positive crossover shortly. Weekly RSI and Stochastics are trying to bottom, although the weekly MACD blue line is still sloping down.

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