Vix Index, about to bounce?

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It’s got a clear pathway upwards, any significant bounce could drive the dollar-index over its high today, a big range today.

DXY or DIXY as it’s also known, is at a 50% retrace level from its low set a few months ago and it’s push just breaking parity only a couple weeks back.

Its found support, depends now on the Vix significantly moving up and causing a flight to safety.

Short term intraday timeframes still indicate the dollar is set to move lower but there is this massive anomaly now.

Penafian

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