here we are maybe 2-3weeks later and last night we had the VIX go below 23 its at 22 currently well below its tripple bottom support and well below its 200Day MA
on the other hand the S&P500 is above its 1,000 support level and also now back above its 200day MA
and finally the US dollar is falling
what does all this say?
The risk trade is back on short dollar get out of VIX long the Markets
We need to stay above the 200day MA on the S&P and it wont be a full bull market until we see a collapse or pull out of bond markets
