Daniel_Sitas

VIX - The arrival of better times?

CBOE:VIX   Volatility S&P 500 Index
S/R Levels - With the RED color is Resistance and the GREEN color is Support.

We see that there is a set up down trend. Three times the market has tried to break down through Support, so now it is on this small support. We 'll see how the market open in monday. If Volatility go down, it is good signal that the situation is stabilizing.

Comments

I believe that VIX will survive to go up.
Good analysis
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Daniel_Sitas danta_master
@danta_master, Thank you. Well, If you have some free money, I would like to see the vix go up, too.
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