Analysis: The S&P 500 has been above the 20-day moving average for 68 consecutive days, and market volatility is expected to intensify soon

ChainCatcher news, according to the latest analysis released by The Kobeissi Letter, is the volatility in the U.S. stock market about to intensify? The volatility index VIX has dropped about 45 points since April, reaching around 15 points, the lowest level since mid-February. Additionally, the S&P 500 index has traded above its 20-day moving average for 68 consecutive days, marking the longest duration since the 1990s.

Historically, the market experiences lower volatility from May to July. However, starting in August, the VIX typically rises by about 5 points, or approximately 30%, over the next three months. History suggests that market turbulence is expected to intensify soon.