Last week the VIX index surged 24% higher, a huge increase signaling the comeback of fear in the stock markets. I will monitor this week if this index will be able to go and remain above the 200 day moving average (the green line on the above chart). If yes, probabilities would favor a continuation of the downtrend of the equities markets.
Sunday, November 1, 2009
Market Volatility Index (the fear index)
Last week the VIX index surged 24% higher, a huge increase signaling the comeback of fear in the stock markets. I will monitor this week if this index will be able to go and remain above the 200 day moving average (the green line on the above chart). If yes, probabilities would favor a continuation of the downtrend of the equities markets.
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