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VIX Update ...

As you know, the VIX is the Volatility Index and it moves opposite to the market.

Today, we posted two VIX charts below and here are our comments:  The positive is that the VIX closed just below a fan line support. The negative is that the VIX has been up trending since August. With two upside breeches, the risk levels are very high, so use caution.

VIX Short-Term Chart

VIX Long-Term Chart

 

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