VIX ranging between 2 EMA - Be cautious

17 mag 2020

We want VIX to drop for Market to go up.
VIX is ranging between EMA50 (Resisted) and EMA200 (supported).
Currently VIX is seems to be at Resistance (EMA50) - GOOD sign.
FiFT are still +ve ( We want VIX FiFT to be RED for Market to go up)

On the other hand, DJ is forming Bullish Piercing pattern (Good Sign) but no Fast Turtle Buy signal yet.
DJ need to break and stay above 23730 for Turtle Buy signal.
FiFT also still -ve indicating Bear still around to control the market.

We need to see :-
1) VIX FiFT turn into -ve (RED)
2) Fast Turtle Sell in VIX
3) Best if ATOM Sell in VIX too..

4) DJ FiFT turn into +ve
5) Fast Turtle Buy in DJ
6) DJ back above EMA50