VIX Update: Approaching $16 Resistance! | 3/11/24 Post-Market Close Analysis

Join us for a post-Monday market close update on the VIX as it approaches the $16 resistance level. While not quite reaching our $16.50 trendline, lower intrahour timeframes indicate oversold conditions, suggesting a potential rise towards $16 psych. Expect market corrections around the 5,100-5,200 ATM levels, but anticipate significant corrections to be met with various market stimuli. Stay informed with our insights into the VIX and its implications for the broader market!

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