!.. . VIX.Dly> Oct.30 - Retest of Coil 15, RSI Testing 40 & July Uptrend
!.. 2.02 VXN Mnthly> Oct.17 - Backfilling of Overhead Gap Continues...
Price Basics> Volatility and Strength
Compressions of price, in the form of coils, triangles, wedges [ RED / YLW, GRN ] typically indicates price stability ergo strength.
Increasing volatility of price, in the form of broadening patterns [ ORNG / YLW, GRN ] typically indicates price instability ergo weakness.
TRADERVISION ANNOTATION COLOR PROTOCOL
Gap / Thinly Traded Range = SHD LGHT BLU
Compounded Gap / Thinly Traded Range = SHD PRPL
Backfill of Previously Unconfirmed Range = DRK BLU
!..CPC Wkly > Oct.30 - MACD Histo Testing Zero
!.4.1 QQQ Mthly Oct.8 - Backfill Cont's, RSI Testing Downtrend