Approaching 2021 low support 14.5
If we break below 14 then we head to precovid lows .
Vix outside is Daily bbands and the indexes (IXIC and Iwm) are outside of theirs.. technicals say vix gaps up Monday but I don't know if it'll holds, there's no fear in the market, plus Daily MACD turned bearish
Narrative is Powell is pausing, debt ceiling done.. Blah blah lol..
We could see a bounce to 16.00 then we'll see what happens
As you can see it can take awhile to get back to channel top.
Needs a catalyst, but in the meantime I expect a pop
