VIX

By: Marty Chenard | Tue, Dec 6, 2016
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The VIX closed at 12.14. A good close for now, while this remains a high Caution to Danger possibility for the medium term. (Remember that the market moves opposite to the VIX.)

The VIX is still technically engaged in a downside test of a Major Support line.

No change in past comments: "The fan resistance lines continue to move further out. This could be an escalating problem developing, so be very careful".

Long-Term VIX

Medium-Term VIX

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
StockTiming.com
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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.

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