
VIX futures experienced a significant decline, dropping 15% from their morning highs on September 11, 2024. This decline continued into the week, with VIX futures hitting lows of -3% on September 13, 2024, marking a big down week. Concurrently, Alphabet Inc.'s stock (GOOGL) saw a notable rise, hitting a 12% increase by September 13, 2024. The stock formed a weekly reversal candle off key support at the 55-week moving average and met its first swing target of 156. This bullish trend contributed to a broader market rally, with the S&P 500 (SPX), QQQ, and SPY nearing monthly gains.




