Volt, agree with you Vix remains relatively high despite stocks having risen from November 21 low.
But it gives signs of breaking downwards from its triangle with lower lows until the base flattens.
Indicators certainly are trending down. (Nice to know this is one chart where down is good, lol).
Nine Lives: The Baltic Dry Index literally dried up because of the credit squeeze --- no credit, no shipments.
Iron ore contracts are are not due to expire until April.
Vix daily:
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |