The VIX and Danger levels ... Is it Over?

By: Marty Chenard | Mon, Aug 31, 2015
Print Email

The VIX reflects danger and optimism ... and it also referred to as the "Fear Index".

We have just come through some concerning market action, and the question now is: "Is it over"?

This morning, we posted a chart of the VIX from last Friday's close. The above question was: "Is it over"?

When you look at the chart, you can see that the VIX has moved lower (since it is inverse to the market that is good), but it has not closed its gap yet and it remains between the red dashed line and the thick red line. Unfortunately, more work that needs to be done ... because that described area is showing improvement but it still has to be labeled as a lesser "negative" territory.

VIX

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
StockTiming.com
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.

StockTiming.com 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 StockTiming.com ... 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 © Safehaven.com