VIX at the end of a latest impulse. VIX

TVC:VIX   Volatility S&P 500 Index
So seeing the SPX momentarily lose its shit today with that drop made me blurt quite audibly, "Just what the hell is going on here?" So I brought up VIX and lo and behold we were impulsing. The good news is that this impulse *appears* to be over and should subside in due course. It is actually good to be bearish in VIX , because the implies slow (usually) rallies in equities and almost all other things by extrapolation. Not financial advice. I use VIX separately as a volatility indicator.
Trade closed: target reached
Trade closed: target reached