What is the Vix telling us?

Oleh voss
The VIX ascent in February was larger than this December move to date. Either we have not had a capitulation in the S&P 500 yet, or there is a tapering in volatility premium defining a finishing corrective move. It seems tomorrows Fed announcement will tell us all we need to know. Either a continuation down, or end of year bounce.
Beyond Technical AnalysisChart PatternsTrend Analysis
voss

Penafian