![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgintLK64FTFnMuSNuUmv-uyPZWjh7AGghnZ9iJrNMUBKnciMqN47-BV4AGGDL8523eHvsObMkat59N39izfC_JDB7Gu-LevufbbHtNXsgTMHuBK1MFzo3P3yo0iKMiorXRKmb4AozkLUEi/s320/$VIX_trixychart.png)
Notice the blue indicator with the black divergence lines I've drawn compared to price. It's called 'ECO' and I have no idea what it is or how it's computed. Does anybody out there know anything about this indicator? It's from a free chart site, copied here, and called Trixycharts.
Whatever it is, it suggests $VIX has a ways to climb, and by implication, the $SPX has a ways down to fall....
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