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MaryJo Kringas's avatar

You’re right, it is the same pattern all over again. Yet, it looks to me that the 1 Day MA on the SPY is starting a (remarkably slow) downturn.

Michael J. Kramer's avatar

The VIX 1-day could be heading lower, but the good news is that there is little room for it fall.

MaryJo Kringas's avatar

The 4 hr MA just crossed up on the VIX, which has not happened since 10/25. Printing or leverage brought it right back down within 17 days. Still, with interest rates going up. We might finally have a chance for the correction.