$VIX
Added 2025-05-19 11:47:22 +0000 UTCAs we expected, $VIX has retested its confluence level on the 50 WMA and 200 WMA and so far has held and bouncing +13% now before the market opens.
No panic just yet but a hold of support on an important confluence level
There is no flight to safety yet either by the market and I think this is the right decision
I think many will be waiting to see how the market reacts to the Moody's downgrade today before taking an pre-emptive action.
Right now, the $VIX is still in a calm range for the market.
