Browse Symbol Stacks: VIX: vix 07.04.16.png
complacency is building fast-->we expect a significant upside move for VIX i.e a plunge in share prices
Good observation. Looks like it is forming a base to me too. Up today as you suggest it would.
Nice chart. Looks like a base, smells like a base. Now, it just needs to act like a base.