VIX Volatility Daily Chart Falling Wedge Positive Divergence

We watched the falling blue wedge form, as well as the oversold conditions and positive divergence.  Keystone forecasted the positive divergence launch from the blue circle area, which occurred.  Volatility moving up corresponds to the broad markets moving down, and visa versa.

The green lines now show a falling wedge again in place, and the indicators show complete positive divergence across the board, indicating that the VIX should launch from the green circle, the fuse can be lit from this current price at 19.87. Projection is for the VIX to bounce now which corresponds to the broad markets selling off.  As the launch move occurs, and the indexes sell off, the chart can then be reassessed. In general, sideways to sideways higher price action would be expected as the days and weeks tick by.  This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.