#VIXindictor The Upside Warning was canceled today when $VIX intraday spiked above 18.59. We will enter a Downside Warning if we close at these levels.
This was a “secondary” Upside Warning, coming after a previous one with no Downside Warning in between. These are usually weaker, and this one only gave us 30 points of gain for the all-time high on March 28.