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Is VIX signaling a drop in S&P?The VIX continues to confound.
The VIX is the volatility index of the S&P 500 index options and as such it typically moves inversely. That relationship has broken down to some degree over the last couple of weeks, but it doesn't mean that the VIX is broken.
Although the VIX measures volatility, it is commonly known as a fear index. For those who attach the latter meaning...
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