Recently, the 90-day correlation coefficient between bitcoin's 30-day implied volatility indices – Volmex's BVIV and ...

The VIX has declined sharply since April, recently hitting a five-month low ahead of the seasonally bullish August.

The red dotted line above still represents the current VIX index level (January 6 th of 16.04), as it did in the first chart. It is only mainly that period from 2004 to mid-2007 where the VIX ...

This chart shows where VIX historically stands the day before election day By Christine Idzelis ...

It has been a more volatile market. The VIX index closed at 52.33 on Apr. 8. That came after it hit an intraday high of 60.13 a day earlier. The average VIX close for the month: around 32.3.

Market angst sees the Cboe VIX index — a gauge of expected S&P 500 volatility — trade around 23, notably above its long-term average of 19.5. However, as the chart below from Capital Economics ...

To understand this better, take a look at Figure 4, which shows the long-term charts of the VIX Index and the VIX Futures. Figure 4. Comparing VIX Index (@VIX.X) and VIX Futures (@VX).

If VIX activity goes up, the stock market will probably go down. On April 7, the index soared to 60.13, its highest closing level since the COVID-19 pandemic five years ago, Reuters reported.

VIX index reverted to pre-Covid levels, but analysts warn that a reversal may emerge soon. Volatility dropped over 50% since a mid-March, when Silicon Valley Bank and Signature Bank failed.

If the VIX is at 15, that reflects an expected volatility level of 15%, with the S&P 500 having a 67% chance to move higher or lower than its current level by up to 15% over the next year.

For instance, extremely low VIX levels, anywhere near 10, indicate traders have become too complacent.” While the VIX is not clairvoyant, it is generally reliable as a fear barometer.