VIX - Don't Be Afraid of Fear

VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index,
a popular measure of the stock market's expectation of volatility based on S&P 500 index options.

Is a high VIX good or bad?
When the VIX reaches the resistance level, it is considered high and is a signal to purchase stocks—particularly those that reflect the S&P 500.
Support bounces indicate market tops and warn of a potential downturn in the S&P 500.

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