Do I believe that the $VIX will bounce on one of the support lines in Blue?...if we look at what has happened before, history would suggest that a bounce is likely.
We have observed that the market is quite mixed, some stocks can be bullish right now (SHOP, NKE, TSM, NVDA etc) with quite large market caps but the mega tech stocks are not there yet. This may be causing a lot of confusion.
I think buying individual stocks makes sense now....IF you are going to buy.