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Fig 1. VIX 5min chart up to 16:55 on June 21st, 2013. Here we see a -3.6 % RSI DIV.

Fig 2. SPX 5min on June 21st, up to 16:55. At the same time, the cash index printed a +8% RSI DIV.

Fig 3. VIX 5min. The sell off in volatility.

Fig 4. SPX 5min, rallied.

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