This script is the modified for the Indian market of the main script "Vix MTF Momentum"- by © dman103 Credit goes to @ dman103 for the script If VIX Momentum is above 0 (MAROON) Must be careful about long position. If VIX Momentum is below 0 (GREEN) Must be careful about short position. It gives the idea about Divergence between India Vix and Banknifty/Nifty...
vix is trading at nearly historical lows with election on the way, the only likely way to go for vix is on the north end
Vix weekly and monthly breakout Hence it is wise to stop momentum trading on buy side b) QQE support for upside for vix and downside for stocks and index c) One can go shot on nifty and banknifty with SL
VIX indices is getting cool down. Vix is fail to cross major resistance.. NIFTY Is also giving respect to maior support. Next week is very important. Let's see what happens..
This is just made for a comparison study for the vix' movement with respect to the index, as the index made a new high and vix' also made an all time low. it didnt break the trend line, and it can remain there for long time even. please do not take any conclusion. just make it a point for our studies only.
Courtesy the collapse of SVB and the fear of contagion that will follow through. FED will pivot. Bonds, Gold and Crypto become the safe haven.
Expect an impending crash as the VIX may break out of downward channel
The Fear Index made an extreme low 10.39 on17thMarch. A lower volatility means that a security’s value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. Thais what is happening now. VIX level of below 15 is seen as stability to the market, while a figure above 15 indicates high volatility.
The Fear Index made an extreme low 10.39 Last week. A lower volatility means that a security’s value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. That what happening now. VIX level of below 15 is seen as stability to the market, while a figure above 15 indicates high volatility. Now there is No FEAR.. :D
VIX pushing up will bring NIFTY Down. Keep a close Watch
Watch for VIX above 14.5. NIFTY could start falling