VIX 20.18: above 20, fear is priced in.
VIX is at 20.18 this morning, back above 20.
That puts it in the elevated zone. The VIX tracks how big a swing traders expect from the S&P 500 over the next 30 days, so above 20 means the market is paying up for protection. SPY is down 0.50% on the day so far.
Elevated VIX doesn't call a top or a bottom. It means wider ranges, so size down and give your stops room.
(as of Oct 23, 10:32 AM ET)
https://whop.com/thebullishbuzz/thebullishbuzz/
past results are not a guarantee of future returns ยท not financial advice
