Why Another Volatility Spike May Be Ahead

The stock market suffered another serious set back today with a major selloff, especially the DOW and NASDAQ.

One indicator many look to for insight as to which way things will go is the VIX. The volatility index often tells when fear and greed are the greatest.

Last month the VIX spiked but it did settle down a bit. We are now getting to a point, from a chartist perspective, where there could be a big move ahead.

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