BREAKOUT ALERT: VIX Broke Out of It’s Multi-Year Wedge Pattern. Trouble Ahead ???

Just in case you were too busy jerking off to Jim Cramer on CNBC, something ominous has transpired. The VIX has broken out of its Multi-Year wedge pattern. Though human emotions cannot be measured with couple lines on a chart, this certainly does suggest that the market psychology is changing, and that the reality that The Fed will soon start pulling away the punch-bowl has started to sink in.

VIX - Daily Chart
VIX – Daily Chart

Recommendation: BUY

Target: 26

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