The important thing is at what level the VIX closes today.

TweetThe VIX is the Volatility Index.    The VIX is likely to be volatile today … a volatile volatility index? The important thing is at what level the VIX closes today.  We do not want to see the VIX close above 23.05 today. There are 2 VIX charts posted below. The first is a close up, and […]

The VIX posture now is …

TweetYesterday, the VIX had an up tick and it was in a low negative condition where the big worry is if the VIX closes above thick black and dotted black line on the chart below. There are 2 VIX charts posted below. The first is a close up, and the second is a long term picture. […]

The VIX … An important test day.

TweetYesterday, the VIX had a small up tick and it was technically in a neutral condition meaning that it could flip in either direction and today will therefore be an important test day. There are 2 VIX charts posted below. The first is a close up, and the second is a long term picture. ___________________________________________

the VIX could hold its blue support line …

TweetYesterday, the VIX had a down tick which was a positive since the VIX moves in the opposite direction of the stock market. However, there is a concern in the coming days which is that the VIX could hold its blue support line which would put it in danger of moving back up so be […]

the Volatility Index may be erratic today

TweetYesterday, the VIX had an inside tick while last week at this time was an outside tick. As we had commented last week, both are considered “indecision” ticks where a definite direction has not been picked yet.    Therefore, the Volatility Index may be erratic today, and if it “closes” higher, it could spell trouble ahead. […]

Yesterday, the VIX had an outside tick.

TweetYesterday, the VIX had an outside tick. What is an outside tick? It is a tick that is above and below the tick from the day before.  As such, it is considered an “indecision” tick where the market did not make a clear decision. That would make today or tomorrow a decision day by establishing […]

The current VIX Index chart is posted below going back to 2015.

TweetThe current VIX Index (Volatility Index) chart is posted below going back to 2015. Please note the following: The long term trend has been down with each successive peak being lower. (A lower VIX correlates with a higher stock market and a higher VIX with a lower stock market.) The most recent peak that occurred breached […]

The current VIX Index chart with 16 months of daily ticks

TweetThe current VIX Index (Volatility Index) chart is posted below with 16 months of daily ticks. There are a few things to note on this chart … 1.  The trend has been down with each successive peak being lower. (A lower VIX correlates with a higher stock market and a higher VIX with a lower stock […]

The current VIX chart is posted

TweetThe current VIX chart is posted below. Take a look at the VIX since the beginning of July.   What you should notice is that the VIX had a low on July 20  and then its lowest low on August 9th., and then a low on August 19th. What is a possible description for that action?   […]

Our VIX chart has not broken below its support line,

TweetIt may be a “wait until Friday” when Janet Yellen speaks as a condition for the market now. As of yesterday, our VIX chart had not broken below its support line, while it still remained in positive territory.   (Do remember that the VIX moves opposite to the stock market … a lower VIX is […]