There are three noticeable relations in VIX PA that keep repeating in fractals:
1) Moves in 3 waves
2) Retraces are generally between .786 and .886 fib
3) Retrace support is always retested before the actual explosive move.
All of the above are satisfied currently and in that BIG zone ~14. VIX must hold here and create divergence with SPX as it goes up if there is going to be another VIXplotion, basically bull vs bear case is decided here.
1) Moves in 3 waves
2) Retraces are generally between .786 and .886 fib
3) Retrace support is always retested before the actual explosive move.
All of the above are satisfied currently and in that BIG zone ~14. VIX must hold here and create divergence with SPX as it goes up if there is going to be another VIXplotion, basically bull vs bear case is decided here.
