VIX: A Silent Siren

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VIX pulled back from 41.50 to hold at 24.50 and now trades near 27. A breakout above 27 targets 34 and 36.60.
Market Message: The fear gauge is no longer receding after spikes—it's forming higher lows. Expecting more volatility is not paranoia; it's preparation.
Strategic Warning: A rising VIX during falling yields and equities reflects systemic fragility. Watch for liquidity events or credit stress.

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