I'm watching closely this Vix thing. Some bullish hints can be seen, RSI and MACD allthough not strong yet. Should it want to close the gap, I think it'll reach the green box, between MA20, daily Pivot and 38.2 % Fib retrace. That'll be enough for SPX to move decisively.
Any thoughts?
use angle 4 and 5 as your entry angle,,, if price goes up near angle 4 take a bear position swich to bullish if price close above angle 4 and switch again if it afterthat close bellowe angle 4,,, same setup with angle 5 if price close above angle (ii),,,
The VIX also referred to as the "fear gauge" has just entered into a complacent or "risk on" extreme. Over the last 2 years the VIX has repeatedly found support between 12-14. When price is trading in this 2 point range and when the 9 period RSI falls below 40 it has proved to be a great entry point. Conversely, the 18-20 range has been a reasonable exit point...
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...
When the CCI(100) bars are rising and above "0" that indicates rising FEAR.As the bars get shorter the FEAR diminishes.The fear will usually stop at or just above the KC(40). When the VIX overshoots above the KC band that signifies EXTREME FEAR and market BOTTOMS just ahead. >>>NO FUNDAMENTAL DATA ANYWHERE ON THIS CHART.
