Could be bear/bull ine in the sand......line forming from March market lows (near fear index highs) of which VIX has descended ever since....sign of bull action.VIX busted out today, but downtrend not yet reversed. WHen an uptrending VIX is established good chance BEAR has returned......Bulls may still be chewing their kuds......but today is reminder nothing is a one way street.....one day at a time folks.
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