VIX has moved above its 13-day exponential moving average (ema), so that is a sign it may be ready to move higher again. Note that VIX is now in the area of that small triangle (marked in orange lines, you'll have to look closely) indicating this is a potential support/resistance zone. And of course, VIX is now also converging toward the Bollinger Band midline which will be a significant area to watch, whether VIX can break above that midline or gets pushed lower. How VIX breaks out of this zone should tell us whether or not it wants to close the gap at 35 or meet the lower .786 level marked on the chart, or if it already moved close enough to its 200-day simple moving average (sma) and is going into uptrend mode for a while. Right now, I'm guessing VIX wants to move further up, but it's early yet so if trading this then use good stop/money management.
The indicators on the chart look consistent with VIX turning up too.
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