Volatility - VIX

Bottom forming, looks like it, break of 15.88, until that happens we can say there is ZERO fear in this stock market.

VIX Daily upclose:





The uptrending blue line was from the breakdown after 2002, it is now an important uptrend point and may stop any downside to the markets if it gets hit. As you can see every spike has been met with massive FED liquidity injections.

Lets watch it and I will update this and all past essay charts as things develop.

West