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Auto Vix Rising . With markets a bit unnerved and pointing to a lower open yet again today, the vix has been steaming higher, finding it’s highest levels since the fall of 2017. Volatility needs to cool down below 20 level to help the bulls get a grip. VIX rising channel for CBOEVIX by Antonio_trader — TradingView from www.tradingview.com The s&p 500 was higher by about1%. A rising vix means volatility is expected to increase, whereas a falling vix means volatility is expected to fall. For instance, in the three months between aug.