#VIXIndicator Here’s the version of the past results I posted back in May. The blue bars with numbers on top represent the percentage move UP from the close of an Upside Warning day to the eventual SPX high before another pullback. The numbers at the bottom of each bar are the percentage move DOWN of the preceding correction, and the date of the Upside Warning. Please ask any questions you have! (you can click on the chart to see it full screen).
As you can see, the Upside Warning is pretty reliable for at least a couple percentage points higher.