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VIX is showing warning signs.

It is forming Higher Highs but also slightly lower lows.
Forming a potential Triple Bottom
PRSI has Positive Divergence.

BUT

What really gets me is the 2nd BULLISH ENGULFING in a month. Shown by the 2 yellow arrows.

As stated before, we do believe that before September ends there's going to be a big move.



Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) StocksTrend AnalysisVIX CBOE Volatility Index

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