Volatility Index (VIX) Key Support

StockJunkie · #1 (**permalink**) 07-17-08, 12:04 PM

Huge support for the VIX right here should mean a market reversal back to the downside is around the corner. Keep a close eye on the Volatility Index.

Stocktrading101 · #2 (**permalink**) 07-17-08, 01:24 PM

Nice read, amazing how fast that sold off, RSI at 50 is also support.

StockJunkie · #3 (**permalink**) 07-18-08, 12:58 PM

Looks like we are leveling off at about $24 today even with the NASDAQ taking a beating because of earnings. Very curious to see how this plays out.