Volatility somewhat higher

With the main indexes closing moderately lower, the VIX managed a closing gain of 5.3% @ 13.39, having spiked to 13.86. Underlying momentum is swinging back to the equity bears, but a further VIX wave lower looks likely..which would make for some interesting divergences.


VIX'60min

VIX'daily3

Summary

The hourly MACD (blue bar histogram) cycle is set to go negative at the Tuesday open, and that sure doesn't bode well for the equity bears across tomorrow.

Similarly, the daily charts saw the VIX close with a black-fail candle, and those are very often warnings of further equity upside.
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more later..on the indexes