For reference purposes, below is a 1-year chart of the VIX through Friday's (October 14, 2016) close, which had a closing value of 16.12. Price labels as well as the 50- and 200-day moving averages are also shown:
(click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author)
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Here is the VIX Monthly chart, depicted on a LOG scale, with the 13- and 34-month moving average, seen in the cyan and red lines, respectively:
(click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author)
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 2132.98 as this post is written
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