As you know the VIX is the inverse trade to the S&P 500. If you have a look at the VIX weekly chart it had a very very bad week this week.
We are down at the 14 at the close.
We are now down at significant support levels seen in 2011 and 2012. A break below will not be good for VIX, but very good for the stockmarket and the S&P.
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