VIX
The VIX is over 50.00 today is this a safe level at which to buy into the equity market? Could the VIX shoot higher still?
Answers
103 points
Nikolay answered one month ago …
It will shoot higher.
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726 points
alanj answered one month ago …
It's going higher. The equity markets are going lower but it is getting close to a bottom The DOW broke support at 9750. It's next support level is 9000. The next time it has trouble breaking below it's lows I would consider buying if it turns up
The VIX is an early indicator and should not be used by itself to trade the equity market. Use your other indicators to decide when to make a trade. The VIX is also an indicator that will tell you if options are cheap or expensive. And right now they are expensive. The VIX is very useful for the put options trader.
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