Feb 9 - indication

Finally after almost a month of low volatility we have a day of some movement.

My algo stays on the sidelines on days of low vol, as over bought and oversold conditions become vague. Today there was a great single trade indication when the ES hit 1341.75, near Support 1 Level.

Here it is on the chart:

After the long position indication, the market rallied almost 10 points near the day's high and stalled.
I've also been noticing that TVIX which is the double VIX long ETF has been getting some volume to the up side.... perhaps people are preparing for a leg down!