VIX Updated

Well, we knew the bullies would have something up their sleeve. How did we know? For one thing, the VIX went too far too soon and the megaphone shouted the news.

Now, the VIX declines in an orderly manner down to the SMA 50. That level should hold or else the bear case goes poof.

Interesting markets, but a nice set up taking place as many indicators converge to say bully's days are numbered... for this rally leg at least.