If we look at the S&P 500 Volatility Index on the 4-hour chart, we can see that there is a deviation between its price movement and the Stochastic Oscillator indicator and it is supported by the appearance of the Bullish 123 pattern followed by the Bullish Ross Hook (RH), so as long as there is no weakening correction that falls below level 13.16 then #VIX will appreciate upwards to level 13.61 and if this level is successfully broken upwards, then as long as momentum and volatility support #VIX in the near future it will try to reach level 14.21 as its first target and level 14.86 as the next target to be aimed at.
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