6 down days for the VIX & 6 up days for the S&P 500 provides a 5-day bullish bias for the S&P 500

6 down days for the VIX & 6 up days for the S&P 500 provides a 5-day bullish bias for the S&P 500. We note that the VIX has just posted 6 consecutive down days while the S&P 500 has managed 6 consecutive up days. This is an unusual market pattern with only 13 previous observations since 1990. This particular market setup has historically coincided with a short term continuation of S&P 500 gains. Since 1990, 5-days following the contemporaneous pattern of 6 down days for the VIX & 6 up days for the S&P 500, the S&P 500 produced an average increase of 0.71% with a robust win rate of 12 from 13. Full data analysis & tables can be viewed at (VIEW LINK)