just imo yesterday. inverse head & shoulders, Vix crashing to 19, now 18. Shift just starting from those very bearish to thinking inflation is continuing to come down, and Fed has 1 or 2 0.25% hikes left....then pause.......and in the Fall or tad later a possible small cut. earnings may likely show some better numbers than expected. we'll see soon.
VIX could go lower to the mid teens. It has done so in the past. Rally has the potential to continue towards the very end of January and even possibly first half of February. 4050 is my target towards the end of January. $4200 spx cannot be ruled out.