For reference purposes, below are two charts of the VIX from year 2000 through Thursday’s (July 2, 2015) close, which had a closing value of 16.79:
Below is the VIX Weekly chart, depicted on a LOG scale, with the 13- and 34-week moving averages, seen in the cyan and red lines, respectively:
(click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author)
–
Here is the VIX Monthly chart, depicted on a LOG scale, with the 13- and 34-month moving average, seen in the cyan and red lines, respectively:
(click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author)
_____
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2063.68 as this post is written