VIX Update

Posted by Marty Chenard

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The chart below is from yesterday’s close and it show’s the VIX (Volatility Index) back to early 2014. 

If you look at the chart, the VIX has a long term support line that it is finally testing.

Remember … that a higher VIX equals a lower market since they are inverse to each other. Therein comes the risk for you, so please keep an eye on the VIX.

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….check the fear and greed index chart in: Wake Up and Smell the Bull Trap! (scroll down)