Is the Bear "Hung" dead?

CBOE:VIX   Volatility S&P 500 Index
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Seldom i see a perfect "Hanging Man" in VIX             at the top of an uptrend.
With the indexes oversold, chances are high that VIX             will go back to test that 200EMA which is 13.35.
Lagging indicator MACD showing that uptrend just started....
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