#VIXIndicator #markets
On one hand, the VIX is very low and some bounce should be expected. But on other hand, today could be considered a “mini” Upside Warning, with three consecutive days under the 78.6% Fib line from the 11/21 low to the 12/1 high. I believe we are in for continued move up, although I would be surprised if the velocity is very strong.