Sum
VIX spiked twice in August, had highs near Q3R1 and dropped back under key 2HP / Q3P level of 12.23 twice. Currently out of danger zone but above AugP. It has paid to be defensive with VIX above 12.23. Similarly, XIV had big drop from YR3 area - as called. It held 2HP near lows and back above Q3P, but well off highs.

VIX and XIV are not signaling too much trouble for stocks, but not giving full green lights yet.

Other safe havens are speaking more loudly. TLT above all pivots this week, joining AGG above all pivots for all of August. GLD above all pivots from 7/26. Also starting to officially watch HYG, which is likely to signal trouble in rising rate environment and/or economic weakness.

VIX
W: Spike to above 2HR1, then 1 bar on that level, next drop below 2HP and out of crisis.
D: Orange arrow at 2HP / Q3P combo. Still above AugP.
D: 2nd spike up was really a divergence high test considering Bollinger bands. Below falling D200, above rising D50.
Sum: VIX back out of crisis - 2HP / Q3P both at 12.23 - the last 4 trading days. Still above AugP.

XIV
W: High on YR3, recent lows near YR2.
D: Back above 2HP and Q3P; some resistance at AugS1.

TLT
W: Above all pivots!
D: YP turning into support!
D: Rising 10, 20, 50 and 100 MAs; above a falling D200, flatish 400.

AGG
D: Interesting tip-off, above all pivots from 8/1 on.

HYG
Highs on Q3R1, then fast drop through Q3P and 2HP. Higher low 8/21 part of tell for stock bounce.

HYG 2H chart with SPY in blue
HYG dropping in August several days before SPY followed.

GLD
W: 2 small up bars invite selling.
D: Holding above Q3R1.
D: Above rising 10 and 20MA. Red line shows 2017 close high and Apr price high resistance.
GLD: Stalling near Q3R1 / gold price 1300 area and just not pushing through to real new highs yet.

GDX
3rd time above 2HP has been charm.

SLV (new)
Holding above YP for last 8 trading days, though D200 and 2HP / Q3P still resistance.