5 replies to this topic

[slupert]

VIX Index Above All Of Its Futures - Free Weekly Technical Analysis Chart - McClellan Financial (mcoscillator.com)

[Rogerdodger]

Good stuff.

Such readings do not come along very often, and they are pretty good indications of a bottoming condition for stock prices.  The direct message is that the SP500 options traders who drive the VIX Index are feeling more fearful than the VIX futures traders believe is merited.  With any overbought or oversold reading on any indicator, it is important to realize that it represents a “condition”, and is not a “signal”.

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[steadyquest]

This is the craziest bear/crashing market I've ever seen.  Once the dow bottoms (soon) we'll party like it's 1999.

 

 

 

 

 

[slupert]

Good stuff.

Such readings do not come along very often, and they are pretty good indications of a bottoming condition for stock prices.  The direct message is that the SP500 options traders who drive the VIX Index are feeling more fearful than the VIX futures traders believe is merited.  With any overbought or oversold reading on any indicator, it is important to realize that it represents a “condition”, and is not a “signal”.

.Let's see what kind of action we get tomorrow on expirey.

[pdx5]

The sniffing was the wrong odor?

[linrom1]

The sniffing was the wrong odor?

It made no sense becasue that's not what the oscillator was invented for --VIX?