Downside Warning canceled*

#VIXindicator This cancelation comes with an asterisk*…. the Fib retracement of recent $VIX low and high was abnormally high (22.42) due to Monday’s extreme VIX high over 65. Based on past performance, I still believe this signal is likely to work, but perhaps just less likely than normal. The recovery after Monday was remarkable, so Monday was probably just a temper tantrum and we will now resume the steady tick higher.