The Vix daily chart has been quite violent and turbulent in recent times. There is no doubt that the china news and taper delays and now the possible government shutdown and looming debt crisis is playing havoc with these markets. Its quite a tougeful right there, LOL, however you can see that the VIX popped up to nearly 16 last friday, and it means that some investors are looking for safety.
We are now above the 10 MA and 50 MA and there is a real possibility we could go up and touch 17 or even higher.
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| VIX Daily Chart |
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