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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 685.33+1.1%Jan 21 4:00 PM EST

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To: GROUND ZERO™ who wrote (142876)3/28/2020 6:13:13 AM
From: GoodGord  Read Replies (1) of 222175
 
I looked at the VIX during 2008/2009 period. Even though the market was still going down the VIX collapsed into the 40's for several months before the big bounce 2009. It looks like the weekly range had collapsed during that period as well.

So far we haven't seen the weekly range collapse in 2020. In 2008 it took 6 weeks after the big drop to settle down.

So we could several more weeks of wild trading before we even find out if the market is going to settle up or settle down..
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