VIX failed to take the top as suggested in earlier posts in the chatroom, helped to spot the strength of the bounce together with other indicators at some stage... the question now is whether its going to go back at it forming an inv. H&S as it still not out of the woods, we'll soon find out, tomorrow could turn into most significant day with regard to the doom and glum hanging over the market lately... one thing to note is that in spite of the terrible sentiment VIX never went extreme...