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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (15508)1/15/2016 9:47:38 AM
From: Goose94Respond to of 203915
 
The Bank of Japan's $2.5 Billion Plan to Buy Non-Existent ETFs bloomberg.com

Owning Half of Japan's ETF Market Might Not Be Enough for Kuroda bloomberg.com



To: Goose94 who wrote (15508)1/27/2016 6:31:40 PM
From: Goose94Read Replies (1) | Respond to of 203915
 
(HVU-T) Watch The VIX?

The VIX closed at 22.50 and will be testing an important fan line support today (the support/fan line that the VIX was sitting on at the close yesterday).

Note the sequence of higher highs from December to now ... so the concern would be centered around a possibility that the VIX could rise higher than the previous high. (Since the VIX moves in the opposite direction of the stock market, that would be a negative.)

Short term, the VIX has showed improvement by moving lower, but with two approaching supports coming, the VIX should be watched carefully.





Marty Chenard