Bearish
$SPY $VIX 3 month daily chart. Notice 2 things about the $VIX in the chart below. The 600 DMA has been acting as key support at 15.26 and look how the $VIX closed over it Friday at 15.47. Also notice the RSI and how the $VIX also closed over 50 on Friday as well. All extremely bullish for the $VIX and equeally bearish for the $SPY
  • 2