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InvestingScope

VIX: Aiming below the DMA50.

Short
Volatility S&P 500 Index (CBOE:VIX)  
InvestingScope  
CBOE:VIX   Volatility S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators VIX CBOE Volatility Index volatilityindex Stocks Indices stockindices S&P 500 (SPX500) us500
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trendanalysis chartpattern indicator vix volatilityindex stocks indices stockindices spx500 us500
The Volatility Index is currently pulling back on 1D turning neutral again (RSI = 51.020, Highs/Lows = 0.0000) with MACD still bullish (0.780) but decelerating as it approaching the 1D MA50. Based on a similar pattern in 2018, the index should break below and consolidate for the next 2 months restoring stability back on the markets.





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