VIX

Here's an update of the VIX which over the last few months has sent the market lower when it has been below 25.

 The daily VIX and my Custom Demark inspired indicator with a wide daily buy signal, remember the VIX moves inversely to the market so a move up in the VIX would have an inverse correlation and send the market lower.

 The hourly Bollinger Bands are telegraphing a highly directional move coming, we must always watch for the head fake, but I doubt too many traders are watching this which lessens the chance of a head fake.

The daily 3C data (only daily data for the VIX) is showing a positive divergence, suggesting the VIX move up on a larger scale.