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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

VIXVIX broke down to make a new 3-month low. In doing so, it elevated its status from a Minor degree to and Intermediate one. A potential Head 7 Shoulders formation suggests that the Cycle Top at 23.97 may be a viable target. An actual change in long-term trend may occur above the top trendline of the 15-month long Ending Diagonal formation at 18.00.

For more… Continue reading

VIXVIX appears to have completed the right shoulder of an inverted Head & Shoulders neckline at 16.28. It is on a buy signal above Long-term support at 13.01. A breakout above the neckline suggests that the Ending Diagonal formation may also be at risk of a breach. An actual change in long-term trend may occur above the top trendline of the 15-month long Ending Diagonal… Continue reading

VIXVIX consolidated, pulling back to the bottom of its range before rising to challenge Long-term resistance at 13.35. Once above it, the next target may be the inverted Head & Shoulders neckline at 15.11. A buy signal has been made above its Intermediate-term resistance at 11.72. A breakout above the neckline suggests that the Ending Diagonal formation may also be at risk of a breach.… Continue reading

VIXVIX broke out above its Long-term resistance at 13.45 again to create a potential inverted Head & Shoulders formation. A buy signal has been made above its Intermediate-term resistance at 11.65. A breakout above the neckline suggests that the Ending Diagonal formation may also be at risk of a breach. An actual change in long-term trend may occur above the top trendline of the 15-month… Continue reading

VIXVIX broke out above its Long-term resistance at 13.48, as VIX closed up more than 10% for the first time since last October. A buy signal has been made above its Intermediate-term resistance at 11.76. Each additional breakout above subsequent resistance areas further confirms the signal. An actual change in long-term trend may occur above the top trendline of the 15-month long Ending Diagonal formation… Continue reading

VIXVIX mad a Master Cycle low on Wednesday, March 15, then closed the week above Short-term support/resistance at 11.20. An aggressive buy signal may be forthcoming should the VIX rally back above its Intermediate-term resistance at 11.72. The breakout above its consolidation area may produce a slingshot move.

(Bloomberg) Everything’s fine and calm on Wall Street if you trust the market’s standard fear… Continue reading

VIXVIX had an inside week, closing above Short-term support at 11.20 but beneath its Intermediate-term resistance at 11.81. An aggressive buy signal may be forthcoming should the VIX rally back above its Intermediate-term resistance. The breakout above its consolidation area may produce a slingshot move.

(CNBC) A striking stat about the CBOE Volatility Index provides yet more testimony to the anomalous quiet seen… Continue reading