samitrading

VIX. A change in behavior to say the least! Head winds in weeks!

samitrading Updated   
TVC:VIX   Volatility S&P 500 Index
What Is the Cboe Volatility Index (VIX)?
The Cboe Volatility Index (VIX) is a real-time index that represents the market's expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). Because it is derived from the prices of SPX index options with near-term expiration dates, it generates a 30-day forward projection of volatility. Volatility, or how fast prices change, is often seen as a way to gauge market sentiment, and in particular the degree of fear among market participants.


The index is more commonly known by its ticker symbol and is often referred to simply as "the VIX." It was created by the Chicago Board Options Exchange (CBOE) and is maintained by Cboe Global Markets. It is an important index in the world of trading and investment because it provides a quantifiable measure of market risk and investors' sentiments.


KEY TAKEAWAYS
The Cboe Volatility Index, or VIX, is a real-time market index representing the market's expectations for volatility over the coming 30 days.
Investors use the VIX to measure the level of risk, fear, or stress in the market when making investment decisions.
Traders can also trade the VIX using a variety of options and exchange-traded products, or use VIX values to price derivatives.
Comment:
we are going back again above the 200D MA NOT good at all, we need to break down the 50D MA and stay there !!!
Comment:
We keep getting higher lows = Bad for stocks short -mid term for stocks.
Comment:
Still VIX is expecting some sort of news bullish/bearish consolidation at such higher
places than usually is telling us a break out is about to happen hard up or down time will tell. VIX can not just stay hanging there in the air for a long time without a major move.
Comment:
As expected a major move it is, breaking 17 we go back square one.
Comment:
14 -13 is our probable target next week, even though we have OPEX ? kind of strange

thing. Any way this is just pure 101 Trend line technical analysis, W/O factoring

other things that may shift the direction at any time.
Comment:
Did not reach 14 , false break a down sloping trend line. Still higher lows so far, breaking out of the down sloping line could/might be our next move.
Comment:
What happened was a "Game changer" we broke trend lines + major lows.
Comment:
Break out !!!

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