We note that the VIX has just posted a solid 1-day retreat of -21.2% in conjunction with a robust S&P 500 gain of +1.4%

We note that the VIX has just posted a solid 1-day retreat of -21.2% in conjunction with a robust S&P 500 gain of +1.4%. Similar market setups have historically coincided with further S&P 500 advances. Since 1990, a large 1-day fall in the VIX of more than -15% together with an S&P 500 increase of between 0% & 2%, produced an average 15-day return of 2.92% for the S&P 500 Index with an unblemished win rate (8 from 8). Full data analysis can be viewed at (VIEW LINK)