Wednesday, June 16, 2010

Silly-Willy $VIX

A while back I post daily $VIX chart with yellow trendlines. At that time TDSequential Countdown Buy was in progress.

Now it has completed and it is most un-tradable Countdown I've seen so far. Why? Try to set Risk Level – you will have to go all the way to the lower yellow trendline and this range is to wide to be any helpful in decision making.

So as of now all we can do is to watch Blue and Yellow (indicated by corresponding arrows) – if it goes under "blue" – I think we might be in the "summer doldrums" season. Above yellow…oh no, I really want to have some rest from volatility (I know we all don't want to watch paint dry, but sometimes too much volatility is too much)



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