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#VIX hits 7-month high as S&P 500 retreats -6.65% from its latest ATH The last time this happened (February-March 2026) #SPX index fell by a similar amount while volatility index rose by roughly the same magnitude. 7.3k-7.2k range — where the most recent lows after all-time high are located — remains a support level. The price has not broken significant structure to the downside that would signal panic or a climax — which could be an excellent new entry point or simply the start a downtrend (if March low is broken).

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