I find it interesting what's going on with the VIX here. The "raw" number, which doesn't mean all that much,. .is
at about 13.93 which could cause one to believe that the VIX is buried. On the other hand, the MACD(12,26,9)
on the daily VIX chart did a crossover to the downside side on June 1st which is one of the reasons I put on
here a bottom signal on June 1st and it's still pointing down. But yet, the MACD HISTO(2,10,14) on the daily
VIX chart has been putting in positive divergence, exactly contradictory to the MACD(12,26,9). Don't you hate
when that happens. Until the 2,10,14 takes hold bears need to be careful.