VIX Volatility and SPX S&P 500 Daily Charts; Triple-Top

Let's see, where is it. There it is; the Crayola box. Keystone pulls the thick purple crayon from the box, his favorite color since it tastes better than the others, and draws a couple of lines on the charts. It is interesting to see the S&P 500 punch out higher highs in price, placing a triple-top in play, but the VIX only prints matching lows (it would be expected that the VIX would print lower lows).

Volatility should be moving consistently lower as stock prices move higher but it is not. On yesterday's SPX high for the year above 2821, the VIX should have printed a 12-handle. The VIX is at 13.41. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 8:30 M EST: The VIX is at 13.35 and S&P futures -1 one hour before the opening bell for the regular Thursday session. The VIX and futures are all over the map this morning. President's Trump and Xi delay their trade summit until April.