Short

Volatility still falling, may lead market higher

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VXXB D support of B/D retrace has been breached, while i would like a continuation thru 29.06 first, i am opened to a C/D extension range. the levels line up with support/resistance daily candles, a plus imo. C/D retrace extensions are in place being 1.272 T1, 1.414, T2, 1.618 T3. If reverse B/D levels would be then resistance.
Note
hit first support at 28.25 but managed to cluse under previous support. While spy close seems bad, it didnt break any of my b/o levels. looking for continutation to tgt 1 min at 27.8
Note
So far seems at 28.25 kept holding, a close over 29.6 will have breached and finalized the bearish harmonic.
Chart PatternsHarmonic PatternsTrend Analysis

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