Monday, February 20, 2017

charts: See these VIX charts!


Courtesy of IndexIndicators.com
This a 10DMA of the VIX.  Note the pattern that repeats.  The pattern is highlighted in yellow.  In that area see the VIX bottom in red circle then move up to blue circle then fall in the red circle a second time, indicated by a blue vertical line, before the the S&P500 drops. 
A big reminder that the VIX chart is inverse to the S&P500!
There was another pattern not highlighted, Nov 2013 to Jan 2014 which led to the Feb 2014 low.
We may now be in the beginning phase of this pattern repeating again.  Keep an eye on it!

Courtesy of IndexIndicators.com 
This chart of the VIX is the 20DMA of the VIX relative to it's 200DMA.  So it moves slower than the first chart above.  Turns are highlighted in this chart as well.
Keep an eye on these two charts.

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