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Analysis: S&P 500 Continues Above 20-Day Moving Average for 68 Consecutive Days, Market Volatility Expected to Intensify
Summary: According to The Kobeissi Letter, the question arises whether stock market volatility in the US is set to intensify. The VIX volatility index has dropped by about 45 points since April, reaching around 15 points, the lowest level since mid-February. Additionally, the S&P 500 index has been trading above its 20-day moving average for 68 ...
According to The Kobeissi Letter, the question arises whether stock market volatility in the US is set to intensify. The VIX volatility index has dropped by about 45 points since April, reaching around 15 points, the lowest level since mid-February. Additionally, the S&P 500 index has been trading above its 20-day moving average for 68 consecutive days, the longest streak since the 1990s. Historically, market volatility tends to be low from May to July. However, starting in August, the VIX typically rises by about 5 points, approximately 30%, over the next 3 months. History indicates that market volatility is expected to intensify.
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Link: Analysis: S&P 500 Continues Above 20-Day Moving Average for 68 Consecutive Days, Market Volatility Expected to Intensify [Copy]
