Volatility Demise - Predict VIX in a Month

Man, the volatility is about to die! But probably not without a fight. I am guessing VIX will be about 20 in a month. Make your guess!

 

even after the last drop VIX is not yet overextended RSI(5) =64. Not enough pessimism it seems to put the bottom in.

 

VIX is above 10 dma. We may have put a short-term bottom in today. Buyers will come back and start chasing the stocks once they see there has been no bad news over the long weekend.

 

The long weekend is the bad news. Travel will be down huge this year.

 

this is already priced in...

 

LEH going under is also priced in? We may see next week.

 

vix will be up

 

WTF, VIX up on a day when SPY is up +0.75%. We shall climb on the wall of worry it seems....

VIX 19.64, ~ 10% above 10dma

 

Nice surge pre-market. Could be a start of a multi-day rally.

 

VIX is 20% above 10dma. Larry Connors can't be wrong: the market is about to go higher.