Volatility Index Update - Wednesday, Nov. 16

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.  he negative is that the VIX has been up trending since August. With two upside breeches, the risk levels are very high, so use caution.

 

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