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VIX 2 - Monthly picture

VIX 2 - Monthly picture

CBOE S&P 500 VIX CBOE:VI2!

Smooth index trading occurs when VI2 trades between 12 and 18. Above 18, everything becomes possible. We have been trading a few weeks above that level for a few weeks. The question is what happens next week. You know my opinion by now: I think VIX will remain supported even if equities slide up.