winnes, all that matters is that we do not get cought in the crowd.
It is my opinion that the crowd is preparing itself for a coming bottom of the market. I am advocating that there is going to be a move, up or down. We have an advantage, as we still will prepare for the three possible moves, as we still can go sideways on low volatility.
virtualsignal has an usage of the VIX that I will watch. I like his rationale: nature and the market like normality, return to the mean. I agree that the key is in the intraday range of the VIX, and looking for some indicators to apply to it.
Also listen to wathiver who is crunching numbers.
For my part, repeating myself, I am looking for another sentiment indicator than the VIX, why not the QQQ ATM volatility. At least, this one would measure the Nasdaq 100. |