America's Current & Future Economic Situation - By Ted Kavadas
For reference purposes, below are two charts of the VIX from year 2000 through Monday’s (October 5, 2020) close, which had a closing value of 27.96.
Here is the VIX Weekly chart, depicted on a LOG scale, with the 13- and 34-week moving averages, 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)
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:
The Special Note summarizes my overall thoughts about our economic situation
SPX at 3408.60 as this post is written