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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TREND1 who wrote (7856)11/25/2001 6:00:10 PM
From: ajtj99  Read Replies (2) of 99280
 
Hey, Larry. The VIX does not always bottom when the market peaks. I have found it normally bottoms later. I don't think the absolute values that are used in the 3-line break charts are an accurate way to show the VIX in relation to the overall market direction.

While you could say the reversal of the VIX is a confirmation of the trend, I think the EMA line crossings are a better indication of market direction.
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