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The MVI registered a sell simultaneously with the AMOSS today. Each
presents a slightly different perspective, yet complementary in analysis.
The -1.618 std dev band on the MVI may provide support on Friday and it
might not. It is just a primary target. The MVI bands are horizontal and
narrow and the VIX is still close to its lower band. This is an explosive
situation. If the -1.618 is breached, then look for -2. Should it go for
-2 the the VIX will be headed back towards 23 or higher in a hurry.
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