VIX Descending Wedge = GG Market

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VIX looking to moon right before FOMC. Careful if you are long!

Publishing idea to log my thoughts and that I will be taking UVXY Calls / SPY Puts based on this. This should hold me accountable!
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Idea was invalidated due to VIX falling out of the pattern. It looks more to be in a descending parallel channel now.
Chart Patterns

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