After the trading club lastnight, we've made the assumption that we're heading lower. The main reason why is because the indices are looking to be rolling over on less momentum AND the $VIX (A measure of fear in the market) is looking to bounce up. Remember, when the VIX is high it's time to buy, when the VIX is low....LOOK OUT BELOW!!!
Already the futures are indicating that we're going to open lower by about 100 points or so.
Should be a fun day!
1 comment:
I need an explanation of the $VIX. In layman's terms, please. :)
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