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The Volatility Index, aka the VIX, is rolling over. If the VIX were a stock, it would be a sell.

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VIX 09 04 08

The VIX is a measure of implied volatility. Generally, the higher the VIX, the more fear there is in the market, and the lower the VIX, the less fear. A falling VIX can often be interpreted as investors are feeling less risk-averse and more confident of the future.

I think the market is going higher, and the VIX is portending the move.

Source: Is the VIX Showing Signs of a Higher Market?