an uptrending vix is also an indication of rising volatility - and that is a bearish development. vix has been trending up for 3 months now and Friday morning the trend was broken, however it rallied and closed above the trend. as a timing tool it is about as effective as a divergency, but it is certainly worth paying attention to.
naz
Started by
da_cheif
, Jun 16 2007 06:02 AM
11 replies to this topic
#11
rkd80
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Posted 17 June 2007 - 10:00 PM
an uptrending vix is also an indication of rising volatility - and that is a bearish development. vix has been trending up for 3 months now and Friday morning the trend was broken, however it rallied and closed above the trend. as a timing tool it is about as effective as a divergency, but it is certainly worth paying attention to.
“be right and sit tight”
#12
da_cheif
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Posted 17 June 2007 - 10:03 PM
the vix trended from 8 to 50 in the late nineties while the dow and the naz went straight up
