The VIX bottomed 2 of 4 times before the onset of a Complex NASI Top (2nd & 4th orange arrow). Don't know implication, if any, yet. The TWM Chi Oscillator had a bullish falling wedge from 2/08-6/08 (1st lavender oval) followed by the completion of a Complex NSI Top and a drop in the Russell 2000. An even larger bullish falling wedge (2nd lavender oval) is getting ready for a breakout at this time.
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