yes, VIX has broken out of it's month(s) long channel. Weekly MACD for SPX (and other markets) is not making the "anticipated" cross... looking all very bearish. Take a look at the NDX... looks really, really bleak.
back to VIX, bulls are hanging onto it with less than 1 point. Keep SPX:VIX 68 in mind. Below: sell-off. Above: bouancy.
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