Volatility Increase in coming weeks

The volatility index is in a downtrend similar to before the march correction. The blue lines are price targets/areas of resistance.

Within 1-2 weeks from this post:

The price will cross over the trendline or we will see more reversal candlesticks

The macD will cross

There will be a bullish divergence on MacD



This chart lines up very well with the chart I previously posted of UVXY which I will link.