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Posted on November 7, 2022 5:38 pm by engrbytrade

VIX: August 22, 2022 Gap

A drop below 21.67 is expected to complete filling the gap created on August 22, 2022. An intraday move down to the red trend line shown in the chart below is also needed before moving significantly higher as it did during September – October 2008.

Stock chart courtesy of StockCharts.com.

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