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To: ajtj99 who wrote (69622)3/25/2003 8:30:47 PM
From: the-phoenix  Read Replies (1) | Respond to of 209892
 
ADX on the VIX Daily implies a large volatility move to come soon:

stockcharts.com[h,a]daclyyay[pd20,2!b50!f][vc60][iUl14!La12,26,9]&pref=G
Last time the ADX was this low was mid-January, and we all know what came next. But a volatility breakout could be down as well.

FWIW, I use touches of the daily Bollinger Bands in the VIX as short-term buy/sell signals, as in Friday's sell signal. Today's print adds evidence for a continuation of the correction tomorrow.