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Forum - CBOE Market Volatility Index - VIX   

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From: inthemoneystock (Rep: 0)Date: 08/07/2018 12:24
Forum: CBOE Market Volatility Index - Msg #1111Thread #674026513 (Rec: 0)
Major Level Tagged On The VIX

The VIX broke 11 today, tagging a major support level. Anytime the VIX gets below 12, the markets are stagnant and complacent. However, below 11 it is starting to get to an extreme. The chart of the VIX fill a gap going back to the January 2018 highs. This is significant because of the gap fill, but also the market top in January. Keep a close eye on the market in the next few days.




Gareth Soloway

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