The CBOE Volatility Index has captured the attention of market analysts this year as a key relationship between Wall Street’s “fear gauge” and the S&P 500 index appears to have broken down.
But this trend of lower highs for the VIX isn’t the only technical indicator that has caught market strategists’ attention. “Using history as a guide, this is the kind of tipping point where things could get ugly,” Richey said. While they’re not as closely followed as the VIX, the CBOE Nasdaq Volatility Index and the CBOE Dow Jones Industrial Average Volatility Index are also on the cusp of reaching the “golden cross” milestone.
Retail should only be in ampio $AMPe
Just now figuring that out? 37 days. They tank to the bottom.
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