Thoughts on VIX

Sure enough, VIX has poked under its low of late November. If the trendlines continue to "work," then it could possibly poke a bit lower to bounce off the downtrending support line (and maybe also the lower Bollinger Band) followed by a reflex up, perhaps to the BB midline (at 20 dsma, or maybe the 13 dema). Just speculating, you understand ... thinking in terms of a reflex up, before a continued move down to "break" the apparent triangle ... what can I say, it's just my speculation (though it could also correspond to Tony's idea, Andre's idea, and maybe some Chartsedge map or perhaps an interpretation of the Bradley model cycle in case the mid-December date was an inversion and the market needs to cool off that before a continued move up ...: