VIX on the SOX climbs

Discussion in 'Technical Analysis' started by yyyrandy, Sep 19, 2002.

  1. yyyrandy


    With the gap down opening this morning, the VIX on the SOX has climbed to 83. At the July lows the VIX on the SOX rose to 96 before we had a snapback rally, so there is plenty of room for the SOX to fall before we see a similar reading on it's VIX. Earnings warnings from a couple of the major semis just might do it!!