Upside Warning canceled

#VIXindicator The Upside Warning, which went into effect on March 30th, was canceled today when $VIX spiked above 19.73, which is 25% above Friday’s close.

This UpW produced a 3.4% increase from the SPX close on March 30th to yesterday’s high of 4,186.93.

If we close with VIX above 19.73 it will mean a Downside Warning.