SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shortcut who wrote (29710)1/30/2002 12:52:18 PM
From: Doo  Read Replies (2) of 209892
 
"support/resistance" implies that an area is important based upon supply and demand of the issue, contract, etc. I think the 200ma shows absolutely nothing on the VIX. I think you guys are swinging at shadows trying to apply traditional TA to an expression of sentiment like the VIX. It would be like trying to chart and apply TA to a presidential popularity poll. ;)

I agree that the VIX is important at extremes, and I ignore it short term. The only person I've ever seen who seems to be able to divine the significance of the VIX short term (other than a traditional 20BBand 5 day swing) is marginmike, but I can't say I understand how he does it.

I will say, however, that the past two days action on the VIX is like nothing I've ever seen. The dump on Monday with the market basically not moving, followed by a huge move yesterday and another today (with no price action to support it) is the most unusual thing I've ever seen the VIX do. Don't have a clue what to make of it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News