The CBOE Volatility Index broke 11 on Tuesday, tagging a major support level. Anytime the VIX gets below 12, the markets are stagnant and complacent. However, below 11 it starts to get extreme.
The VIX chart below fills a gap going back to the January 2018 highs. This is significant because of the gap fill, but also the market top in January. Keep a close eye on the market in the next few days.
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