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The_Unwind
Sep 24, 2018 1:31 PM

VIX Showing Potential Bull Trap S+P 500 to 2940 Long

CBOE Volatility IndexCBOE

Description

VIX CBOE Volatility Index, is back above 12 on 9/24/18
and with it the possibility that last weeks breakout in the S+P
above 2920, may have been a "Bull Trap" false breakout of 20 points up to 2940.

VIX 9/21 /18 12 Noon EDT VIX OPEN at 11.11
when the S+P was at 2937.06, now marks clear short term bottom in the VIX.


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