I have found that ever time the trend changes or the uptrend line is touched in this chart it generally coincides with a very large vix spike. I have highlighted the trend changes in blue, and the line touches in red. it can be a lagging indicator maybe a day or 2 or maybe even longer. but i have a hunch this is telling me the market is about to turn.
Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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