As the Equities continue its march higher to important resistance or surpassing its previous high, VIX the fear gauge continue to plunge to lower level noted back in 2007. It is quite Volatile but the general trend is to the down side as it will likely continue to form lower lows and lower highs. Higher Equities normally accompanies weaker Dollar, where most...
VIX at multi year lows, and I think the markets are complacent. The S&P is as high as during the dot com bubble and as 07 before the bubble burst. What warrents it to be this high? Not fundamental growth or spending, but resolution of three main crises, US, Europe, and China. Yet, growth in 2013 is nothing for certain, but the market seems to be poised for a...
In order to answer the question of Market direction over the next week or so or perhaps little longer I think this index can help as part of the co-relationship analysis. It is known fact that whilst this Index continues to decline (possibly heading to 13 level), the Equities in general will continue to rally. Whilst Equities continue to rally, currency pairs like...
VIX Index price confirmed support once again at the recent low level of 13.50 and closed the day higher at 14.33. Resistance on the upside is located at 15.05 followed by 15.63 and 16.91 ( which is the falling resistance trend line level and also upper Bollinger Band )
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VIX , volatility index price action is currently staying and retesting the previous low at 13.30-13.50 level, this is also the lower deviation Bollinger Band. Such price action is indicative of the increased complacency of market participants, possibly encouraged by the recent action taken by central banks to prop the market and provide additional liquidity. The...
Extreme Lows maybe also indicate Extreme Highs in S&P, 2008 Was also an Election YEAR ! 2008 had two Towers the second in Nov .Will we have Twin Towers beginning 9-11 ending Nov20? Spooky !
VIX - Volatility Index is inversely correlated to S&P 500. Daily timeframe price action is showing a Bearish set up with the current daily candle closing inside the upper Bollinger Band deviation and changing colour. Stoch Indicator is potentially curling over at the overbought level and RSI is slightly changing direction towards the downside. Current...
