VIX Volatility Index

“The VIX volatility index has spiked 62% over the last few weeks and is now back above 20. Looking at the chart over the last 18 months shows that it is now right at levels where it has peaked out during prior market pullbacks in recent history. This tells us that the market is now at a key pivot point. A bounce would cause bulls to breathe a sigh of relief. A break higher in the VIX from here likely means we’re in store for a continued move lower that we haven’t experienced in quite a while.” (BespokeInvestmentGroup)

VIX

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