Fear Index VIX is confirming Bullish reversal in the Markets.

So far so good here in confirmation of Bullish Reversal H&S in Dow VIX is staging Bearish reversal in its chart. Less Fear - more appetite for risk, more Buying into Stocks, US Dollar is weakening as "Safe haven" helping to exporters to gain some legs while domestic consumers are underwater. Friday was really important: break out of 70 on VIX could lead to Double Top Retest and self reinforcing selling into the waterfall on Dow. Free White soldiers could be formed - strong reversal pattern, it did not happen with all those bad news - it is a good news.