VIX - Analysis VOLATILITY S&P 500TVC:VIXEddieBonesOBSERVATION The VIX B&C (Break and Closed) this past Friday below the "Previous Monthly Low" Key Level ($20.28) WHAT DOES THAT MEAN? Less fear in the market, which means that investors are more comfortable with holding their positions. Option Premiums are cheaper, which is good for traders that buy option contracts, but it can be bad for traders that are looking to sell their option contracts. MY ANALYSIS If price BART (Break and Retest) below the "Previous Daily Low" Key Level ($18.83) Target Price #1: $16.24 Target Price #2: $13.69 Target Price #3: $11.02 If price BART above the "Previous Monthly Low" Key Level ($20.28) Target price would be the Daily Gap Zone ($22.17 to $24.35)