Our VIX chart has not broken below its support line,

http://www.stocktiming.net/?p=3461

It may be a “wait until Friday” when Janet Yellen speaks as a condition for the market now.

As of yesterday, our VIX chart had not broken below its support line, while it still remained in positive territory.   (Do remember that the VIX moves opposite to the stock market … a lower VIX is good for the market and a rising VIX is not good.)

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