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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: Killswitch who wrote (11220)3/17/2002 1:32:14 PM
From: nsumir81  Respond to of 19219
 
I agree..VIX is a 1-sided confirming indicator now? Like most/all other indicators?..Except price.

So when VIX shoots up to say 50 or 60 it can indicate that a potential turn in the VIX is near and perhaps the OEX.

But when the VIX goes down it can stay there for long(ER) periods without signifying major change. i.e. volatile but no major trend changes.

Just up and down in some smaller trading range at the higher end of an overall trading range/near a market top?

So in a way, it can signify a top but not that the top will come apart soon?

So does that mean eventually the VIX will rise when the trading range is broken to the downside?

So..like they say, tops are made over longer periods and bottoms over shorter periods.

Questions, questions.