VIX Update - August 3, 2016

A higher VIX equals a lower market since they are inverse to each other.

This chart from yesterday, show's the VIX back to January 2014.

If you look at the chart, the VIX has a long term support line that has been coming closer and closer to being tested. 

Remember ... that a higher VIX equals a lower market since they are inverse to each other. Therein comes the risk for you, so please keep an eye on the VIX.

Disclosure:

None.

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