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Watch The VIX ...

The VIX is now coming to the end of its triangular pattern.

What does that mean? It means that, before too long, it will have to break out of the triangular pattern. When it does, it will have an important impact on the market.

We won't speculate on how it finally breaks out because we don't have to. Why not? Because there are several different scenarios that could evolve and we will simply stand ready by keeping a close eye on what Institutional Investors are doing. After all, they spend millions of dollars on research with extensive computer monitoring, so just following their activity gives you the same advantage.

VIX Chart

 

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