Michael_Macdonald-XATSUK

All eyes remain on the (improving) VIX

TVC:VIX   Volatility S&P 500
The VIX             is showing signs of stabilisation within the November 2016 bear trend as bearish stochastics and momentum studies continue to unwind.

Strengthening in the Tension Indicator (not shown) also suggests improvement, with further downside risks expected to remain limited. A break below psychological support at 10.00 cannot be ruled out, but further supports down to the 9.70 low of February 2007 should underpin downside risks.

An unexpected close below the critical contract lows at the 8.89 low of December 1993 is needed to confirm continuation of the broader bear trend from late 2008.

Expectations, however, remain for consolidation to give way to fresh gains, with a later break above the 13.28 high of 19 January looked for. A close above the 14.72 high of December 2016 is needed to improve price action and promote stability/trend change.
United Kingdom
United States
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out