VIX: Bullish Deep Gartley with RSI Bullish Divergence

The S&P Volatility Index has made its way back down and formed a potential Bullish Deep Gartley on the way down. It is slightly diverging on the intraday at this PCZ and is sitting at the 200-Day SMA. If it were to stage a bounce this week, it would be from here and it would likely have a Bullish Target of $22-$25
bullishdeepgartleyHarmonic PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)spxvolatilityimdexTrend Analysisvolatilityindex

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