At least in the short-term, the VIX Indicator’s Upside Warning is working… albeit pretty late from when the rally started. Many prognosticators saying rally should have been over and we are due for a drop. Could be true, but when the VIX passes below 78.6% Fib line, almost always mean more upside ahead, sometimes violently. I don’t trust this rally, but I respect it for now and can see us getting up to the 2070 or 2080 resistance that Robert posted easily. Above 2100 would be a surprise for me, however. Currently moving any call spreads I can to above 2110. #SPXcampaign