VIX - Last Action-Reaction Set and a Long ConsolidationVOLATILITY S&P 500TVC:VIXPrinciplesofmathprobSince I objectified my methods I don't draw a single line even by chance, everything comes from the systems' automatic calculations, including the trading. That being said, this is the last and only median line detected in VIX, which by the way, generated the typical "buying at a discount" trade: The issue now is that since this trading range was created, prices could never overcome a new high or low, but rather began to contract within the range. Low intact: High intact: So ultimately, we have been trading inside the same range for about 2 years. Without anything new occurring, I am stuck with the same median line. It is a complicated outlook because I generally do not get involved with anything that is not practically perfect. Having a multitude of markets, I have no need to put focus on something that has been trading inside the same range for 2 years. I will go look for a market with a clear trend and that's it. But since the point here is to define where the risk is, I believe that what is happening is this: VIX is in a bearish trend (see how at a certain point prices begin to move outside the lower parallel) But even so, by being in the lower part of the range, it is quite prone to creating bullish pullbacks before continuing to drop in a sustained manner. So ultimately, here the risk is to the upside for me; the risk is that prices rise before going down again. In fact, if we go to the 30m to see what is happening with a more granular look, the system marked the buy signal for me right there: Bearish on the indices and bullish on the VIX is the profile in my opinion. I hope it is of some use, perhaps in convergence with the last post that defines the risk in the Dow Jones, regards.