WTF Chart of the Day: VIX Is Settling At Its New Home

By Lawrence

A quick note on VIX why it has moved towards 12.

VIX Is Settling At Its New Home

Anyone who has read my article on the real underlying behaviour driving VIX level should know that as S&P500 moves towards 1900, VIX is bounded to move towards 12. That’s the way it is. The fact that VIX drifts into 12-13 area is not a signal by itself that the market is topping.

It takes more than that for a market top setup.

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