Unheard of 1000 point rally into 35 point VIX handle

Short

SPDR S&P 500 ETF TRUST (AMEX:SPY)

AMEX:SPY SPDR S&P 500 ETF TRUST

trendanalysis harmonicpatterns indicator

Are they serious!??? Go study VIX! VIX is currently still building into a parabolic double top before it will begin it's decay harmonic. In other words this is nowhere near topping VIX - and subsequently this market is nowhere near it's bottom!! The market rallied 1000 points into a 35 handle VIX?!! Seriously?

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