Friday, June 28, 2013

Is the VIX Finally About To Break? Or Are We Headed To 12 Again?


It looks like the VIX is forming a MACD bullish divergence on the VIX 10-day 15-minute charts.  Is it time to put more money under the mattress?

I want a one-way street in either direction, but the DJT has found some support above the key 6100 level and the Japanese Housewives managed to take the Nikkei up above 13,000 and the SENSEXy Maharajas got pretty worked up too.  


It may look like I'm sitting on my hands with no sense of risk control whatsoever, but I'm waiting for the VIX to either hit 12 again or definitively head higher.  

If I get out on my calls now, I'll virtually be the only volume on those issues...

Can't wait to watch Mike Khouw on OptionsAction!


-2.97% SBA
-1.60% Roth IRA

-0.76% DJIA
+0.04% Nasdaq
-0.43% S&P 

-0.45% FTSE
-0.45% Eurofirst
+3.51% Nikkei
+1.50% Shanghai
+2.75% SENSEX
+1.78% Hang Seng

-0.54% WTI
-0.69% Brent
+1.50% Gold
+0.05% Copper
+2.66% Corn

+0.84% USD/JPY
+0.67% EUR/JPY

-0.42% DJT
-0.12% VIX

-0.20% 10-Year US Treasury Notes


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