VIX Poised to Close Above 20

VIX is poised to close above 20 for the first time since February. Also known as the fear index, VIX is a measure of the market's expectation volatility on the S&P 500 over the next 30 days. 20 is considered a key level.

ETF traders are watching iPath S&P 500 VIX ST Futures ETN (NYSE: VXX).

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