VIX (Volatility index) outlook for August 28, 2014

VIX resilient, over 11 today with S&P and Dow at new all-time highs. There is significant resistance for VIX in the 12.50/13.50 area. Technically speaking, VIX is destined to go below 10 sooner or later.

VIX_20140827

Chart courtesy of StockCharts.com. http://stockcharts.com

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