Our VIX_OSC (in both variants) is displaying the same story, namely that of a developping tension of the struggle of the BEARS vs. the Bulls.
The next round should now go to the bears that now have to SHOW whether they can break down out of the Triangle of merging divergences.
We sketched out the bullish and the bearish case in the upper chart, where you see that in each case the resepective winner has to manage the break out.....
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