VIX is filling a gap
On Monday I sold the volatility spike. Hedge though it was I did not want to ride the spike in angst back down again: Bye bye volatility
While I don’t think I am going to buy it back again, volatility has pulled back to a level that an active bear might consider buying. I plan to use shorts in other areas if/as needed, but it’s still an up trending broad market, so there’s your caveat about whole hog bearishness at this time.
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down). Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.
