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S&P 500 Volatility Index (VIX) Target Reached +30%

Writer: Lester Davids
Lester Davids
5 hours ago
1 min read

On Friday, the Volatility Index reached our target at 20.00, surging as high as 22.31.


Previous Post (20 August)

Buy Idea: Volatility Index:

Published 12h28 (South African Time) on 20 August 2026.


Key Drivers:

  • The surge in US (and global) bond yields has not been a problem for equities however, intervention by the officials may raise cause for concern.

  • Our technical screeners (using ETFs) reflect an extreme lack of oversold instruments and a vast number of overbought instruments

  • S&P 500 Index +38% above it's 200-week SMA (2nd highest reading since the year 2000). In addition, a bearish distance divergence is present.

  • 72% of S&P 500 shares trade above their 200-day simple moving averages. While this is healthy, this is at the upper boundary of a 5-year range.

  • Volatility seasonality - nearing a period (measured over 20 years of data) where the VIX has shown historical elevation.


  • Buy at current levels (15.15) or lower

  • Stop-loss: 12.20

  • Target: 20.00



Lester Davids

Senior Investment Analyst: Unum Capital

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