VIX and SPX Rise Together for 4 Straight Sessions
The $Cboe Volatility Index(VIX)$ has closed in the green alongside the $S&P 500(.SPX)$ for 4 consecutive days, which is remarkable since these two usually move in opposite directions.
Usually the resolution breaks the SPX, and today, it printed weak price action/candle while the volatility spiked by 2%. Risky.
A chart displaying the S&P 500 (SPX) daily price movements with candlestick patterns, showing a recent upward trend and specific price points like 5782.53 and 5622.
A second chart below shows the VIX daily price movements with candlestick patterns, indicating a recent increase. Text overlays include performance data for SPX, NASDAQ, DOW, and VIX, with percentage changes in green and red.
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