If one looks closely at the Longer Term Yearly Chart of the VIX,
from 1996-2018,one can clearly see a TRIPLE BOTTOM of COMPLACENCY
measured in YEARS..where GREED has overwhelmed FEAR,
as measured by extreme low readings in the VIX, between 1993-2018
1.1995-1996
2.2006-2007
3.2017-2018
Triple Bottom time intervals are separated by almost 10 years apart.
I will leave you, to draw your own conclusions of the deeper meanings of human psychology,
as it pertains today to our historically OVERVALUED stock market in the U.S in 2018.
THE_UNWIND
from 1996-2018,one can clearly see a TRIPLE BOTTOM of COMPLACENCY
measured in YEARS..where GREED has overwhelmed FEAR,
as measured by extreme low readings in the VIX, between 1993-2018
1.1995-1996
2.2006-2007
3.2017-2018
Triple Bottom time intervals are separated by almost 10 years apart.
I will leave you, to draw your own conclusions of the deeper meanings of human psychology,
as it pertains today to our historically OVERVALUED stock market in the U.S in 2018.
THE_UNWIND
Intra-Day VIX on 8/15
Breakout Above Important Resistance at 16.00 !
A Close Above 16, this week would confirm a significant breakout in volatility,
and be simple evidence of a potential new downturn in the stock market.
THE_UNWIND