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$VIX Has Reached Another FCP Zone - W Pattern Complete #VIX

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PEPPERSTONE:VIX   US Volatility Index
Traders and Investors,
The VIX picked up a lot of strength and violated the bearish flag that was earlier forming. Now it has just completed a W pattern which means that it can take a bit of correction. An extended version of this W pattern places the price in the next FCP zone as well. So although there are chances of it falling down, a little more strength can also push it higher. So watch this carefully along with indices.

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