Are We About To Take The "big Dump"?

[macroman]

Quote from Roxiticus:

VXX (etf) pointing to a lower market. VXX came off the july lows and took out the 25 pivot. We have been going down for 8 solid weeks now and this usually indicates that a sever market break may be in our near future. Stay tuned

downside or upside ?

 

[IronFist]

I thought VIX was a measure of volatility, not direction.