Volatility Index Update

By: Marty Chenard | Wed, Nov 23, 2016
Print Email

Improving ... almost there, while concerning breaches exists for later on.

Take a look at yesterday's VIX chart posted below. Two things are noticeable ...

1. That the VIX is currently moving down to its support line seen in red. (Remember that the VIX moves opposite to the market.)

2. That the VIX recently had two upside breaches (see the black dashed line). The concern is that breaches can be revisited in order to have them completed.

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