Volatility Spike Brews in Charts Signaling Test for Equity FOMO

  • Technical patterns point to case for the VIX index to rebound
  • Recession, Fed-hike risks shadow a 13% bounce in the S&P 500
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Rising volatility may be about to test the US stock market’s 13% jump from June lows.

That’s the picture painted by technical charts looking at the Cboe Volatility Index, a gauge of implied equity swings for the S&P 500 known as the VIX.