Vix warning signals

The Vix is looking interesting,up 4% much of yesterday,closed up2.5%,positive divergences building,bullish declining wedge.The vix gives good early signals to sell stock indices.Volume on this rally continues anaemic,the nasdaq has left multiple gaps to fill and overhead resistance looks formidable.Failure to stay above the 200dma again will likely turn sentiment (which is at a bullish extreme) negative.Check out Ron Walker's charts and videos for first-class analysis of the Vix.
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