Special Attention: The Fear Index

Below is a chart of the volatility index, the index is a measures of investor confidence in the stock market. When the (VIX) is on a move to the upside it represents an increase of fear among investors, and when its moving to the downside it shows a decrease of fear among investors. As of the close of the market on Friday the volatility index ended the week at 45.14 up 5.15 or 14.60 percent but hit an all time high earlier in the week at 48.40. Technically speaking there is a lot of fear in the market.

*** Please have a close look at the chart below. ***