SPX Reverses Course, VIX Increases

SPX Market Movement

The SPX index traded above 6,400 during intraday sessions but reversed course by the close, indicating volatility in the market.

Insights from Kevin Green

Analyst Kevin Green utilized 5-minute candlestick charts to offer a clearer understanding of Monday’s market dynamics, highlighting the rapid shifts in stock prices.

VIX and Stock Performance

As the SPX declined, the VIX index increased, reflecting heightened market uncertainty. This scenario underscores the ongoing fluctuations and investor sentiment in the stock market.