vixresistancetestimportantjuly8CLICK ON CHART TO ENLARGE

The VIX (Fear Index) has shot up of late on a very small decline in the S&P 500.

Did it get ahead of itself?

A small decline in the S&P 500 has the VIX hitting resistance based upon the 2009 highs.

For the past few years fear has peaked at this falling resistance line, will it be different this time?

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past