The markets are getting nervous to the VIX is clearly trending up. Traders would be shorting equities, the S&P etc. Clearly a warning to get to cash. We still have support for a double-bottom on the indices. I don't trade the VIX but if I did, I would be long biased. That means I'm market bear bias. I'm also not seeing any panic with most technical traders which is another warning sign for me. A downtrend on the markets might shock. I might short the markets via SPXS.