Volatility S&P 500 Index
Updated

VIX: Cyclical Pattern of market volatility.

549
5 minor waves followed by a major correction. Seem to be consistent in the last 10 years.
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Third week of downward pressure on the market. Should see a new local high.
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Vix is trending lower after rejecting the second resistance line. We must be a few months away from the next considerable correction.
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We're retesting the upper trendline. Breaking out could be the beginning of a larger market correction.
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VIX broke out and hit 30 today. Historically, it never hits 30 once though.
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Vix hit 60 today!
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In a historic event, VIX hit 65 and drops to 15 in a straight line, marking the biggest bear trap in history of the market.

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