Update: S&P 500 Volatility Index (VIX) - +21% Over Two Sessions

Update: S&P 500 Volatility Index (VIX) - trading into support and basing before advancing +21% over the two sessions. Coincides with the S&P 500 rejection at swing highs (resistance) & short term unwind. The US Federal Reserve's Lael Brainard suggesting a 50bps hike & rapid reduction of the FED's balance sheet as soon as May.

Original idea attached.