After a week of correction, the Fear and Greed Index returned to neutral, but

1. The strength has improved significantly

2. The breadth has improved significantly

3. VIX has surged

The bull market is expanding, with good momentum. In the absence of major events, any short-term surge in VIX is an opportunity to sell VIX or go long on the index, because VIX cannot continue at a high level. If the financial report shows SELL THE NEWS next week, then next week will be a good time to add positions. If SOXX falls again next week, it should enter oversold (I don’t have a computer, can you help me confirm what the RSI is now)