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SebMartel
Nov 1, 2018 4:08 PM

VIX, watch 17. Long

CBOE Volatility IndexCBOE

Description

As discussed in recent publication, rebound in SP500 should be sold. The ideal level, if ever reached, is around 2813 pts. VIX is a tool that one should use to time the market as well. A new range has been established, 17 - 26. As the vix approaches 17, one should prepare to go short stocks again.

Comment

VIX shily entered the SELL STOCK zone. We want to see 17.

Comment

VIX momentarily got below 17 the same time stock touched 2813 (target). SHort stock
Comments
JeffCoga
What's your take now?
SebMartel
@JeffCoga, I don't like the level to go short here, even this morning when the sp5000 was flat. Still want to see something close to 2800
JeffCoga
@SebMartel, it's at interesting levels now
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