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What's the Vix Telling Us?
We continue to see a consolidation below a lot of key moving averages, and more importantly, below even the september october lows. That entire rally or reaction in the s am p 500 has come with elevated levels of volatility,. And that in it f is maybe a red flag. If we in fact were at a market bottom and things were normalizing, we probably should have been under 25 on the vix and heading lower. The bull's better put this together, or otherwise there's still another round of weakness coming.