Comments on: VIX Inflects off Lows http://blog.afraidtotrade.com/vix-inflects-off-lows/ Helping traders overcome fears and emotions in trading Wed, 08 Feb 2012 09:26:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Corey Rosenbloom http://blog.afraidtotrade.com/vix-inflects-off-lows/comment-page-1/#comment-97921 Corey Rosenbloom Wed, 28 May 2008 15:29:39 +0000 http://blog.afraidtotrade.com/?p=2290#comment-97921 Panamon, Thank you for your question. I suppose it wouldn't hurt to do so, but I would limit my reliance on the indicator for this particular index and focus on the price patterns and trend (along with support/resistance lines) themselves. It's more important to know whether the index is hitting a spot where it inflected in the recent past, or if it has hit a significant new high or new low (meaning a reversal in sentiment may be near). I would recommend looking back with the indicator and seeing if it has any reliability in calling price (index) turns, but generally I study the VIX with price, moving averages, and S/R only. Panamon,

Thank you for your question.

I suppose it wouldn’t hurt to do so, but I would limit my reliance on the indicator for this particular index and focus on the price patterns and trend (along with support/resistance lines) themselves. It’s more important to know whether the index is hitting a spot where it inflected in the recent past, or if it has hit a significant new high or new low (meaning a reversal in sentiment may be near).

I would recommend looking back with the indicator and seeing if it has any reliability in calling price (index) turns, but generally I study the VIX with price, moving averages, and S/R only.

]]> By: Panamon http://blog.afraidtotrade.com/vix-inflects-off-lows/comment-page-1/#comment-97906 Panamon Wed, 28 May 2008 14:54:53 +0000 http://blog.afraidtotrade.com/?p=2290#comment-97906 Hi Corey, I am not an expert, so I have a very simple question for you about $VIX... Does it may any sense to use MACD with Volatility Index? With my MACD (6,13,4) I see a relevant divercence that makes me worry a bit: VIX was pointing down, while MACD is continuously rising... What do you think? Hope it's not a stupid question :-) Pana Hi Corey,

I am not an expert, so I have a very simple question for you about $VIX… Does it may any sense to use MACD with Volatility Index? With my MACD (6,13,4) I see a relevant divercence that makes me worry a bit: VIX was pointing down, while MACD is continuously rising… What do you think? Hope it’s not a stupid question :-)

Pana

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