Copiers : 6 Followers : 50 Dear Etorians, 04/15/24 The VIX is a volatility indicator (Volatility Index, abbreviated as VIX) of the American financial market. This index helps measure the level of fear - this is why it is often called the "fear index". This indicator is often a sign of an upward or downward market reversal. The $SPX500 being at an all-time high, I would consider a downward turnaround. This morning the index gained 1% and this evening it lost 1.3%. This can be interpreted as a sign that investors are recovering part of their gains. The price of oil is rising, which will spread to inflation and therefore push back the FED's rate cut. The Israel-Iran crisis is adding fear to the market and therefore downward pressure. This is why I have decided to liquidate part of our positions while waiting for the upcoming company results.