To The Moon

The Cboe Volatility Index (VIX) is a real-time index that represents the market’s expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). This is also known as the "Fear Index" in relationship to S&P 500. Thus, ‌$Cboe Volatility Index(VIX)$‌usually move in opposite direction against theS&P500 index ‌$S&P 500(.SPX)$‌.When there is more fear (VIX) ie up trend, the S&P500 would usually move down trend and vice versa.There are typically 2 price actions involving VIX:1. VIX Spike - this is characterised by a suddent move up and pull back quickly. This usually imply short term panic. For some traders, this can be interpreted as a bu