http://stockcharts.com/h-sc/ui?s=$VIX&p=D&b=5&g=0&id=p73171905196>
One more push through the ichimoku cloud... and as we enter the second half of January things are looking more bearish.
<The time period that concerns me is late January. I can see the market being strong through early January but I believe there will be considerable weakness after that.
VIX should follow the ichimoku cloud down in the following chart. But I don't believe it will stay down. I think the next move up in VIX sends it to multi-year highs. I am very bearish for 2015.>