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James Murillo Longas
@jamlongas
Historical Instances While the VIX has reached elevated levels multiple times, surpassing 60 is a rare occurrence. These instances often coincide with major market crises: 2008 Financial Crisis: The VIX surged to unprecedented heights during the global financial crisis, reflecting the extreme market turmoil. COVID-19 Pandemic: The initial outbreak of the pandemic triggered a sharp market downturn and a spike in the VIX. It's important to remember that while the VIX is a valuable indicator, it's just one piece of the puzzle. Other factors, such as economic fundamentals, company performance, and geopolitical events, also play a significant role in market movements.
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