IndiaVIX reaching support

Hi friends,

                     In my last post on VIX i had written about VIX BREAKOUT .We saw handsome 

breakout and witnessed a rally from 14 to 38 levels in a short span of time.

Lets see the present picture .

After spending time near highs

Vix reversed and has reached support

From wave priciple we can see vix is

almost finishing 5 wave down

A case for a rise coming up in some

time ,Look for VIX to head north 

in sometime ,We can see vix back to 22 levels soon play accordingly.

Regards

Rish