When the VIX goes above then below its Bollinger Bands, this usually points to a Rally Higher for the next few days or weeks.
Watch for a drop and then a turnaround back higher . . today might just be Turnaround Tuesday!
VIX Rally Signal
I will be looking for a Stock Market Rally to start today or tomorrow.
VIX Bollinger Band Rally
Well that worked good !! It’s been a nice rally, even with the Brexit hiccup, since this VIX Rally Signal.