This will be resolved one way or the other. Weekly Vix with Daily MACD, and Weekly MACD in the lower window.
Since March, the volatility has gotten CRUSHED and just because we are down below 20 in the VIX doesn't necessarily mean that the market will sell-off dramatically anytime soon.
Remember, we might just be heading for more "historical" parameters in the VIX and this is what is throwing-off "new kids on the block" who have been used to the Jan. 2000 - March 2003 End of Bubble volatility.
This is the $64,000 question:
Are we over the Storm, or is the Eye of the Hurricane simply passing by . . .