Updating VIX analysisCBOE Volatility IndexCBOE_DLY:VIXPrinciplesofmathprobWe are still in an uptrend until the lower blue parallel is broken. Price reached the median line of the blue set and reversed, then moved to the median line of the red set and "reversed" —though it was more of a four-day upside pullback that ended up retesting the median line of this red set. What do I expect now? I think price is trying to reach the lower blue parallel, which is 3 points below. From there, we’ll see if volatility resumes or not.