VIX Now Approaching 1 Year Lows

Yesterday was the pause day we often see after indices make new highs.

The VIX is now approaching 1 year lows. Even though the longer term trend is higher, there is an increased risk of short-term jolt to the market because complacency is so high. Continue to trade the pullbacks with the knowledge that the market is not factoring in any surprises right now.

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