StressSignalUse the short-term versus medium-term relationship to separate a scare from a more durable repricing.
Published January 10, 2026Updated January 10, 2026StressSignal editors
1. Bottom line
VIX looks near term; VXV/VIX3M looks further out. Together they show whether the market is paying for an immediate event or a longer risk window.
2. Rule of thumb
If the abnormal term structure lasts only a day or two, watch it. If it persists and system stress rises too, take it more seriously.
VIX alone vs cross-checking
| Indicator | VIX alone | Cross-check |
|---|---|---|
| VIX | Rising | Rising |
| RVX | Unclear | Rising too |
| STLFSI4 | Not confirmed | Rising |
| NFCI | Loose or stable | Tightening |
Disclaimer: this page is for market observation only, not investment advice. Risk note: indicators help you observe market conditions. They are not trading advice. Always add context, events, and position risk.