You’re going to have to click on the chart as I need a large view for you to see all the details of this chart. Basically when the 10ema of the Vix gets down around the .55 level it reverses…which means the market suffers a pullback. It doesn’t happen every time, but the red arrows indicate the times the market pulled back at this level and the green arrows indicate when the market continued higher and reversed at a later time. The simple math is there are more red arrows than green.
Odds are we pullback very soon despite all the bullishness abound, myself included.
