Analysis: S&P 500 Remains Above 20-Day Moving Average for 68 Consecutive Days, Market Volatility Expected to Intensify

According to a report by Jinse Finance, The Kobeissi Letter has released its latest analysis, questioning whether volatility in the US stock market is about to intensify. The Volatility Index (VIX) has dropped by approximately 45 points since April, reaching around 15 points, its lowest level since mid-February. In addition, the S&P 500 Index has traded above its 20-day moving average for 68 consecutive days, marking the longest streak since the 1990s. Historically, market volatility tends to be lower from May to July. However, starting in August, the VIX typically rises by about 5 points, or roughly 30%, over the following three months. Historical data suggests that market turbulence is likely to increase soon.