The bullish factors for VIX currently are;
* bullish daily , weekly , monthly quarterly and yearly MACD
* bullish daily, weekly, monthly , quarterly and yearly RSI ( RSI above 50 midpoint line)
* the MEGA GAP at 21 has been tested and held. It has not filled and has held gap support.
* large inverse head and shoulders pattern starting about april 20, 2020
* above the 50 DMA and 200 DMA and possible golden cross occurring soon
* daily MACD has pushed above the zero line but then they tried to compress it back down to zero line and below it but that has failed so far.
* bullish daily , weekly , monthly quarterly and yearly MACD
* bullish daily, weekly, monthly , quarterly and yearly RSI ( RSI above 50 midpoint line)
* the MEGA GAP at 21 has been tested and held. It has not filled and has held gap support.
* large inverse head and shoulders pattern starting about april 20, 2020
* above the 50 DMA and 200 DMA and possible golden cross occurring soon
* daily MACD has pushed above the zero line but then they tried to compress it back down to zero line and below it but that has failed so far.