VIX is green, but its at such a low level, I don't think anything can be read from any up moves.
sp'60min
VIX'60min
sp, daily5
Summary
Even with the current minor gains, we're still declining on the MACD cycle. Yet price IS of course everything, and there is NO sign of a turn in terms of the main price trend.
Bears need a break below the trading range floor of 1395, preferably a close in the 1380s. That IS possible today, - it would certainly surprise a fair few, but it sure won't be easy.
As stated over and over..until we've under 1350..bears should have zero confidence about declines in the autumn.