Where are we?

We hit that resistance at 90, and our next resistance is about 95. There are some Fib levels up there at 94.35, and 96.08 . That should be where the real test for the market is.

In a macro sense, What one sees is a "High volitility low" then a "Low volatility low." My point is to make a lower low, we need a higher vix..... I understand that is mojo bullshit... I'm getting at the idea that there is risk appetite in the market, and it will stop the vix. now the market should make another high and move into euphoria. at which point the real game begins.