Here's a potential path ahead for the VIX indicator in the shape of the handle on a cup which began being built back in early May 21' (as shown in the graph below.
SPX overbought with a strong negative RSI divergence.
My intial target is the 24 - 26.5 range, but if it were to break out I might reassess.
SPX overbought with a strong negative RSI divergence.My intial target is the 24 - 26.5 range, but if it were to break out I might reassess.
Note
DAILY - 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.