Pashabxl

VIX: Towards a change of trend

INDEX:VIX   CBOE Volatility Index
67 0 0
The Stock Exchanges are rather overperforming. The economic datas are not that good, but the market is expecting ECB President Draghi to release fresh money in the market.
But there may be a reason to release the money in the market and thus this would only be possible when the market go to a severe correction otherwise, tax payer would not understand the reason and there would be no legal ground for ECB to release the European QE             .
In addition to that, there will be at least a technical correction on the market, i.e technical correction of VIX             .
On a purely chartist approach as far as VIX             is concerned, we may be very much in front of a double bottom and you would see the neck line on the chart.
If volatility index is increasing, Indexes may fall. Therefore, it would be a nice ground for ECB to launch its EQE.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out