VIX Hits Key Level as S&P 500 Breaks Out – What’s Next?

I keep a close eye on VIX levels that consistently matter — and one of those was just tagged:

📍 VIX levels I watch:
11.00 | 14.35 | 18.16 | 20.58 | 37.22

Today, we spiked up to 18.16 and stalled. This is my "in-between" level — not major, but notable — and we’re already seeing volatility slow right at that point.

Meanwhile, the S&P 500 (SPX) has broken out to fresh all-time highs.

What I’m watching now:

➜ Will VIX stay below 20.58 and compress further?
➜ Does SPX hold the breakout into early July?
➜Could this set the tone for a melt-up summer?

July’s first half is historically up and a mixed bag in the back half, but the price action and volatility narrative could give us the edge. July is the best month of Q3 traditionally (institutions). Stay focused on the close and the VIX response.

#VIX #SP500 #SPX #volatility #macro #tradingview #DisciplineTrading