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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (15412)1/15/2021 12:05:22 PM
From: ajtj99  Respond to of 97431
 
There are an awful lot of bearish consolidations off the AM lows out there.



To: ajtj99 who wrote (15412)1/15/2021 1:03:37 PM
From: The Ox1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97431
 
The volatility indexes tend to drop as the markets go sideways (not always). Often it shows there is not as much hedging/bearishness as the index itself may imply during a drop or stagnant period.

At least that's how I see it.

VIX and VXN are both near the lows of the day. Strange.