View: VIX Basing.png

VIX Basing.png

The Volatility indices have been basing now for 5 to 6 days. Past tops on volatility have lasted no longer than to 2 to 3 days. What should scare bulls here is that volatility is still quietly grinding higher.

Comments

Market SniperMarket Sniper
Great to "see" you, cabs! 2/2/14
Mr. WizardMr. Wizard
Good observation. Looks different, feels different, too. 
I'm tracking daily volatility over 20 days; it had been gradually trending down, but jumped considerably on the big down day of the 24th, and has been high since. 2/2/14
Booboo, Degrowth Defined →Booboo, Degrowth Defined →
January 23rd UltraShorts reverse splits, a coincidence or conspiracy. UVXY 2/2/14
RLWavyRLWavy
Even during correction of 2011 during an extended run of vix, it still returned back to it's average. The next move for the vix is down to it's average before it rallies again. The telltale sign is an overreaching of front month futures beyond spot vix Friday. Vix on Friday didn't break into a new high. 2/2/14
facesincabsfacesincabs
RVX hit over 27 today .. as predicted .. 2/3/14
RLWavyRLWavy
Open mouth, insert foot. Open wallet, jump off nearest bridge. 2/3/14
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