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VIX - WEEKLY RSI hits a multi year LOW

Volatility S&P 500 Index (CBOE:VIX)  
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CBOE:VIX   Volatility S&P 500 Index
Trend Analysis S&P 500 (SPX500) VIX CBOE Volatility Index
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trendanalysis spx500 vix
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.

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