Market Bounce and Aftermath

First, let's take a look at the "Fear Factor" VIX again, it bounced from as low as 20.1 eight days ago to as high as 31.59 on Friday, as explained few posts back, it inversely relates to market, and it means investors are in "Fear" of market if the numbers are above 30.



Second, let's take a look at the EUR/USD, friday may be a turning day as its long term major up trendline is about to break( it closed just beneath the line but let's wait for one more day for it to be confirmed),means the dollar has much promising set for a bounce.



Third, let's take a look at the S&P 500 index, Thursday pull-back was completed "Undo" by Friday's big down red candle.



So what's the possible aftermath?