RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The S&P just broke a new high , a new cycle beginsI agree.. I think 12.50 is support for VIX however we all know that these ETFs like UVXY and HVU will grind lower if S&P goes sideways next few days or weeks.. Oil and copper have good lift today so that brings positive sentiment to market.. I am still on sidelines to enter here but shorted few garbage gold stocks today.. see how it goes this week.. better to wait bank earnings by Friday.. CB
Steven1 wrote:
I don’t think the VIX index can down much more. Because the VIX is implied volatility of the SP500 futures UP and DOWN.
If the VIX went too low, it would imply their is no volatility and no movement in the SP. There would be no point in buying SP futures options if the VIX was close to zero.
We are seeing very strange behavior in the markets. Maybe the start of a bubble or crash