Whilst the indexes climbed again, the VIX was effectively flat most of the day.
For the moment, near term looks like the VIX will pull back lower. The big issue will be whether VIX can put in a higher low >14.00.
From a MACD cycle perspective, the hourly chart is pretty clear, we're more than likely to see the VIX cycle reset, with a major fall on Wednesday.
The bigger daily and weekly cycles remain a mess. Things will be clearer once the Fed is outta the way again this Thursday.