VIX

By: Marty Chenard | Mon, Jan 30, 2017
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The VIX is facing a challenge right now ... a close above 11.32 would be a negative for Tuesday.

On Friday, the VIX closed at 10.58 (A Danger possibility exists "after" it reverses its short term down trending.

This remains a high Caution to Danger "possibility" for the medium term.

(Remember that the market moves opposite to the VIX.) The VIX has been 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

Short-Term VIX

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
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