Today, the futures are positive so I expect VIX to drop sharply, if it does not then remain defensive and any sign of weakness bail out.
The reason for this is VIX is stubbornly sticking above 32 levels and the VIX futures all the way upto December are showing a bearish tint. Today both has to adjust with markets moving up, if they dont then we have another down wave on the horizon.
The reason for this is VIX is stubbornly sticking above 32 levels and the VIX futures all the way upto December are showing a bearish tint. Today both has to adjust with markets moving up, if they dont then we have another down wave on the horizon.
0 comments:
Post a Comment