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Volatility – Special Update

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Volatility appears to be nearing a critical pivot with a few strong signals. Let’s have a deeper look.

This exclusive Volatility Index analysis is available only to our members.

Candles

Volatility instruments closed the day with strong bearish candles, breaking below key support-now-resistance levels. If these initial moves are confirmed over the next two sessions, it would open the door for the potential Elliott Wave path outlined on the chart below.

Elliott Waves

Volatility futures (VX) appear to be taking the flag formation seriously. If the current setup plays out, there’s a fair chance VX could be targeting single digits before summer ends.

Happy Trading!