VIX at FRESH NEW 52 WEEK LOW!!!!!

I don't necessarily look at numbers of the vix. I look at the trend. If it is going down the market will rise, PERIOD!

 

as i recall reading somewhere: VIX >10% below 10MA means flat to down market in the following 2 weeks. i am not sure if this works during the expiration week.

 

During this 2 year uptrend/channel, when the $VIX has crossed below the 11 Level (horizontal green line on the chart), the market has formed an intermediate term price high followed by a retracement.

For highs (blue lines), it has taken a retest of 11 or price divergence (as denoted on the chart) to get the sentiment shift to stick and the sellers to get control of the market.

 

any update on your chart??? your divergence was taken out



DIE VIX!!!! 9.43

 

I will have to redraw the chart once the $VIX turns up on the daily.

I think I will zoom it in on the most recent 2 years, where this 11 level has been in play.

 

CBOE VOLATILITY INDEX (WCB:^VIX) Delayed quote data Edit
Index Value: 9.71
Trade Time: 1:51PM ET
Change: Down 0.26 (2.61%)
Prev Close: 9.97
Open: 9.68
Day's Range: 9.39 - 9.79
52wk Range: 9.64 - 23.81

 

On track for the lowest weekly close in 13 years.

 

Presto change O, a two percent bump in the blink of an eye.

 

hey bro..


you know they have to leave room for more dowside vix/upside market....


"pay no attention to the man behind the curtain..."

 

Wow up 8% to 10.75, now that is what I call manipulation, this indicator is useless just like most wall street created devices, just focus on price alone.