4:03 PM · 2 August 2022

BREAKING: VIX tumbles after Pelosi's landed in Taiwan

US indices erased some of the early losses after Nancy Pelosi's plane safely landed in Tajpej. While risky assets are gaining steam, VIX index, which measures volatility on the markets fell sharply and is approaching local support at 23.80, which coincides with 78.6% Fibonacci retracement of the upward wave started in April 2020.

VIX, H1 interval. Source: xStation5

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