India Vix is rising up and moving averages converging

Moving averages 20,50,100,200 have converged upwards and 20 EMA has gone above 50 EMA and now touching 100 EMA. markets usually see a correction when volatility increases beyond 24 VIX and 20 EMA is above all other EMA. we have to wait and see if that happens in the next 2-3 weeks.

Kommentera:

There is a clear divergence in RSI in July month.