VIX Turns Higher

01/21/2009 12:43 pm EST


Thomas Aspray

, Professional Trader & Analyst


The daily chart of the VIX shows that the ten- and 20-day moving averages have turned positive after being negative since early December. This indicates an increase in volatility and fear, which is negative for the stock market. It will take a very sharp market rebound to reverse this new trend.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on OPTIONS