The VIX's RSI indicator shows us a low it hasn't touched in many many years!
How do I read this?
As a BIG MOVE TO THE UPSIDE COMING which coincides with the SPX hitting a resistance at the moment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.