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VIXVIX had an inside week, after challenging mid-Cycle resistance a third time in three months. It closed above Short-term support at 10.60 and is on an aggressive buy signal. Once above the upper trendline of the Ending Diagonal formation, it has the distinct probability of reaching the August 2015 high at 53.29. In other words, a complete retracement is possible.

(CNBC) It shouldn’t… Continue reading

VIXVIX challenged its mid-Cycle resistance at 15.08 before closing beneath Intermediate-term resistance at 11.61. A rally that closes above Long-term resistance at 12.58 implies that VIX may challenge its Ending Diagonal trendline at 17.50 in the following move.

(ZeroHedge) There’s been a growing chorus lately suggesting that perhaps the record low VIX readings aren’t due to record low feelings about volatility, but instead… Continue reading

VIXVIX continues to challenge both Short-term and Intermediate-term resistance before closing beneath them. A rally above Long-term resistance at 12.60 implies that VIX may challenge its Ending Diagonal trendline at 17.50 in the following move.

(FT) Despite calls from investment banks that market tumult is on the horizon, Wall Street traders seemed to be taking it easy this Friday. A measure… Continue reading

VIXVIX challenged both Short-term and Intermediate-term resistance before closing beneath them. A rally above Long-term resistance at 12.68 implies that VIX may challenge its Ending Diagonal at 17.50 in the next move.

(Investopedia) Investors on Wall Street have proven to be ingenious in finding new vehicles and avenues to take risks in the quest of making a profit.

One glaring example is… Continue reading

VIXVIX had a key reversal on Friday, making a new low, then closing higher than the previous weekly close. A rally above mid-Cycle resistance at 15.19 implies that VIX may challenge its Ending Diagonal at 17.50 in the next move. The news stories are still behind the curve on this one.

(CNBC) The low volatility plaguing the market looks here to stay, after… Continue reading

VIXVIX declined to challenge the May 9 low, but did not exceed it. Today’s low qualifies as a retracement low and potentially opens the door for new highs. A rally above mid-Cycle resistance at 15.22 implies that VIX may challenge its Ending Diagonal at 17.50 in the next move.

(Investopedia) The CBOE Volatility Index (VIX) is often called the “fear… Continue reading

VIXVIX rallied to challenge mid-Cycle resistance at 15.32 before closing above Intermediate-term support at 11.89. It is now on a buy signal. A breakout above mid-Cycle resistance implies that VIX may rally to its weekly Cycle Top resistance at 23.76.

The co-inventor of VIX warns that low volatility is not the new normal.

(Bloomberg) It finally happened.

After months of speculation… Continue reading

VIXVIX rallied to challenge mid-Cycle resistance at 15.32 before closing above Intermediate-term support at 11.89. It is now on a buy signal. A breakout above mid-Cycle resistance implies that VIX may rally to its weekly Cycle Top resistance at 23.76.

The co-inventor of VIX warns that low volatility is not the new normal.

(Bloomberg) It finally happened.

After months of speculation… Continue reading

VIXVIX appears to have made its final decline to a new low on May 9. This may be the Super Cycle low in volatility. A reversal is now overdue. An actual change in long-term trend may occur above the top trendline of the 16-month long Ending Diagonal formation near 17.50.

(Bloomberg) The most profitable short trade in town has been a gift that… Continue reading

VIXVIX broke down to make a new 10-year low. This may be the Super Cycle low in volatility. A reversal is now overdue. An actual change in long-term trend may occur above the top trendline of the 16-month long Ending Diagonal formation near 17.50.

(ZeroHedge) Less than a month after the latest forecast from JPM’s Marko Kolanovic left something to be desired, when… Continue reading