VIX On September 18, 2014

VIX below its 200-day-SMA again, but still not at yearly lows. There is still uncertainty in the stock markets although the major indices show clear uptrends, confirmed again today. I estimate that VIX will fall further from here.

VIX Index, daily chart:
VIX_daily_20140917

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

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