a broader market financial indicator, page-13

littlefella, the VIX chart (link below) warrants caution. I would be happier for SPX to go down first (VIX up) than up first (VIX down).

There is a gap below at 22.5, but 2 gaps (!!) above - at 26 and 32.5.

The manor in which VIX does this usually means it closes the lower gap first, then up (turmoil for equities).

So caution is needed in equities if SPX goes up first closing the lower VIX gap.
View the VIX chart here

Be on your guard in other words.

It would be optimistic to suggest the rally in equities is a certainty based on VIX at the moment.