Fear Index Ahead Of Itself As It Hits Strong Falling Resistance

CEO of Kimble Charting Solutions • Jul 9, 2015 at 10:21 AM EDT

The VIX (Fear Index) has shot up of late on a very small decline in the S&P 500.

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The VIX (Fear Index) has shot up of late on a very small decline in the S&P 500.

Did it get ahead of itself?

A small decline in the S&P 500 has the VIX hitting resistance based upon the 2009 highs.

For the past few years fear has peaked at this falling resistance line, will it be different this time?

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