Watch The VIX Today

By: Marty Chenard | Wed, Apr 9, 2014
Print Email

Today's a good day to keep a close eye on the VIX (The Volatility Index which moves opposite to the market's direction).


Because it hit its resistance line yesterday so many traders will consider it a "pivot point". This will be an important test level today.

There is a short term bias to the downside with Inflowing stock market Liquidity that could be strong today. However, if the battle becomes tough today, a VIX close above than 16.2 would carry negative connotations with it so keep an eye on it ... see the chart below.

Daily VIX Chart



Marty Chenard

Author: Marty Chenard

Marty Chenard
Asheville, NC 28805
Tel: 828-296-1200

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker. is dedicated to Stock Market Investors who want the best information on stock charts, stock market trends, stock market timing and technical analysis.

Be My Guest and Take Advantage of Our Free Membership ... Get a Free Membership to ... Youll receive important daily messages before the market opens and direct links to todays important web pages. Information and messages that are often not posted on our website. There is no obligation or expectation on our part ... it is just our way of proving our accuracy and timing expertise to you. Please click here for your Free Membership.

Copyright © 2006-2017 Marty Chenard

All Images, XHTML Renderings, and Source Code Copyright ©