VIX breaking 19?!

٣ مايو ٢٠٢١

The VIX has attempted to break the 19 resistance barrier several times during the past 10 days, a move will come soon. May is usually a month with lots of volatility, and a well known motto in wall street is sell in may and go away. Market is not looking particularly confident in either way so we could also be going sideways between the 18 and 20 area unless there's a big catalyst forcing a move straight up or down.