the vix weekly chart got up to resistance and then positive news that the US is not not likely to default and VIX got squashed. This gave much life and vitality back to the futures.
We have OPEX next week, and technically OPEX tends to make the VIX sell off. So we shall see what happens next, we also have the debt ceiling agreement to be made on FRIDAY or the US will go into DEFAULT. A big week awaits, hope this helps.
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| vix weekly chart |
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