VIX closes below 20 after a year

VIX or the fear index had spiked up when Covid started. It has remain elevated for over a year. It just gave a closing below 20 for the first time since Feb 2020.

This is a good sign for the bulls. Once the fear goes away the moves will be less spiky and we can be part of quiet bull market. VIX is something we should definitely keep a close watch on.

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