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icybergey

VIX Running into Support and Breaking above Downtrend - To 100?

Long
Volatility S&P 500 Index (TVC:VIX)  
icybergey  
TVC:VIX   Volatility S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
By nearly all accounts this financial crisis will be worse than in 2008. We haven't yet reached the 2008 VIX peak making me think that we are due for another large run-up in the VIX. With a slew of earnings to be released into next week, this might be the catalyst to drive new fear and selling into the market.
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