Bullish Divergence is occurring on the daily chart of the VIX

Bullish divergence on the #VIX implies volatility may soon increase, which of course, is bearish for the #SPY on the timeframe of the divergence. However, it is unusual for volatility to move substantially higher near the holidays when volume is muted.

From a seasonality perspective, volatility typically increases beginning in early-to-mid January and generally tends to trend higher until about mid-March.

#SPX / #Volatility / #Trading / #SP500