S&P 500 Volatility (VIX) - 8 day cycle still holding true!

I updated the VIX analysis to make it easier to see the 8 day cycle. As you can see, today's drop in the VIX is almost exactly the same as in the past 3 cycles. So, from a cycle/pattern stand point, things are right on track. It felt crazy in the market the last two todays, but I think that has more to do with which stocks are being bought and sold. In addition, more trade war talk is not helping out. It looks to me like reallocation away from non-tech stocks is what is going on. RCL and DIS had so serious drops, but have bounced in a big way today. Apple has been in for a rough ride the last few days after something like 8 straight positive days.

Hope it helps.