Clicky

VIX Approaching Key Resistance Level

A breakout above the top of the resistance zone (20.55) would likely signal the next major selloff in US equities is underway (favored) while a break below this uptrend line would likely indicate that the markets are headed to new highs.

$VIX 120-minute Dec 9th

$VIX 120-minute Dec 9th

0
Dec 9, 2015 1:01pm|Categories: Equity Market Analysis|Tags: , , , , |2 Comments

2 Comments

  1. GetItRiight December 9, 2015 1:41 pm at 1:41 pm

    Great work, thanks for the insight.

    0

  2. rsotc December 9, 2015 1:52 pm at 1:52 pm

    Anytime. Should the $VIX take out 20.55, I’d also wait for the Q’s to break below the 111.70 level & SPY below 202.20. A solid break of all 3 will likely open the door to a nice selloff in US equities.

    0

Comments are closed.