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titi

Vix for SPX

Volatility S&P 500 Index (CBOE:VIX)  
titi  
CBOE:VIX   Volatility S&P 500 Index
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I'm watching closely this Vix thing. Some bullish hints can be seen, RSI and MACD allthough not strong yet. Should it want to close the gap, I think it'll reach the green box, between MA20, daily Pivot and 38.2 % Fib retrace. That'll be enough for SPX to move decisively.
Any thoughts?
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