VIX made an exaggerated spike up in October once it broke above the red resistance. VIX is now back under the red resistance. Therefore, some short term downside for VIX is likely.
An important low for VIX is anticipated due in 1 week.
S&P Cycles were mixed in October. There were short term cycles in October that were quite negative, but some were surprisingly positive. The result was a very choppy month. In contrast for November, the Cycles turn extremely negative and remain consistently negative for S&P throughout the month.
The large scale VIX Cycle is heading much higher into December.