VIX attempts to measure the expected 30 day volatility of the SPX by averaging the weighted prices of SPX puts and calls over a wide range of strike prices. Financial journalists…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 As we frequently note volatility is mean reverting. Friday it reverted in a major way. http://stockcharts.com/h-sc/ui?s=%24VIX&p=D&yr=0&mn=6&dy=0&id=p34770779486 There has been extraordinary anxiety in the marketplace. This derives in part…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 Like Chinese water torture the ultra low range price movement continues -- 42 days and counting. Lest readers over emphasize this unusual behavior note that this is by no…
http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p70142979615&a=266398464 We are in a historically quiet period. You could almost say we are in the eye of the hurricane. For perspective the range here, in what now appears a…
READERS ARE REMINDED THAT CHARLES BASSETTI WILL BE SPEAKING AT THE TSAASF TITANS OF TECHNICAL ANALYSIS CONFERENCE AUGUST 20 AT GOLDEN GATE UNIVERSITY. INFO AT TSAASF.ORG. THE SECRET OF THE…
