Vix was around 16 on 8 nov 2016. Press had already predicted hillary win. Then there was a surprise. Same around brexit the day before i remeber chatting here and we closed at high. People assuming a vote for no. It was very high during modi election results time. now its around 11.
Do you have any benchmark what is high and low.
Do you have any benchmark what is high and low.
Vix is also a good indicator during events. It was already high during the events you mentioned and there was a sudden spike in it during the last hour of the day before.
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