VIX Decline Supporting Evidence Of a New Year's Bounce in Stocks
The VIX was down over 10 % on Dec.31,2018,
compared to just a nearly 1 % price rally in the S+P 500.
Why did the VIX fall over 10 times as much
as the S+P rally, on the last trading day of 2018 ?
Technical observation show's that it broke the 60 Minute Uptrend Line,
established throughout December to a VIX high of 36.20 on Dec.26,2018,
when the S+P Bottomed at 2346.58
I believe that this potentially significant at the beginning of the New Year,
as often in history changes in Trend happen at the turn of the year.
The break of the month long VIX up trend line,
offers supporting evidence to confirm my initial belief
of a forthcoming New Year's rally in the stocks, in early 2019.
S+P 2532 Will Be the Level to Watch for a Price Breakout in the S+P
VIX Last 25.42
Happy New Year
THE_UNWIND
1/1/19
NEW YORK
compared to just a nearly 1 % price rally in the S+P 500.
Why did the VIX fall over 10 times as much
as the S+P rally, on the last trading day of 2018 ?
Technical observation show's that it broke the 60 Minute Uptrend Line,
established throughout December to a VIX high of 36.20 on Dec.26,2018,
when the S+P Bottomed at 2346.58
I believe that this potentially significant at the beginning of the New Year,
as often in history changes in Trend happen at the turn of the year.
The break of the month long VIX up trend line,
offers supporting evidence to confirm my initial belief
of a forthcoming New Year's rally in the stocks, in early 2019.
S+P 2532 Will Be the Level to Watch for a Price Breakout in the S+P
VIX Last 25.42
Happy New Year
THE_UNWIND
1/1/19
NEW YORK
Comment:
S+P Futures have had a dramatic Triple Top Reversal at 2520
in overnight trading for 1//2/19,
which of it carries thru to the Yearly Open on the NYSE tomorrow
could be all the room it had to advance, and then squished right out it of a lemon.
THE_UNWIND
1/1/19 1038 PM
NEW YORL
in overnight trading for 1//2/19,
which of it carries thru to the Yearly Open on the NYSE tomorrow
could be all the room it had to advance, and then squished right out it of a lemon.
THE_UNWIND
1/1/19 1038 PM
NEW YORL
It appears that the VIX pullback may have been to the top of bedrock support,
which if proven to be true, could once again immediately elevate the VIX in 2019.
THE_UNWIND
1/1/19 1030 pm
NEW YORK