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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.92-0.7%Dec 31 4:00 PM EST

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GROUND ZERO™
To: GROUND ZERO™ who wrote (183085)12/30/2022 12:50:07 PM
From: yard_man1 Recommendation  Read Replies (1) of 220947
 
When I said VIX zippo --

I should clarify -- the VIX response to either -- deep selloffs or large rallies has been rather subdued.

That rate of change on events -- just hasn't been much response --

It's lingered here around 21.5 for the past 5 trading sessions -- while the market has had some pretty sizable daily excursions.

stockcharts.com

even the two large sticks there in the past 20 days were not all that large of a wobble with closing values sticking to a tight band between 21 <=> 23

and then there is the crazy current admin, too .. and it's war on inflation ... like putting out fire with cans of gasoline.
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