Home Forums Members Forum VIX has begun to break “up” ….

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  • DANNY ABARDANNY ABAR
    Participant
    Post count: 71

    Sean,

    VIX has begun to break up, above my 30-day downward trendline. RSI and MACD filing to break out above its downward trendline. Is this just the end of summer slow trading, or more resistance for SPX to rise further?

    Sean HymanSean Hyman
    Keymaster
    Post count: 3300

    Yeah, the VIX may be ready to make its next push higher. And if so, that’s a negative for the major market averages.

    Sean HymanSean Hyman
    Keymaster
    Post count: 3300

    The intraday reversal so far in the NASDAQ could be influencing the S&P 500 lower and VIX higher too.

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