VIX the “Fear index” has peaked in recent days . The higher the VIX, the greater the level of fear and uncertainty in the market, with levels above 30 indicating start of horror movie , we peaked 37.49 on 05/04/2022 .
If we look at the 50days cycle this index might be aiming towards bottom and Date 06/09/2022 ( September) comes in mind.
This date is also complimenting the average drop of markets which is 133 days. which is reaching on beginning of October .
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