Stock Market VIX Not Show Great Action
Stock-Markets / Stock Markets 2015 Jul 29, 2015 - 04:57 PM GMTI'm not happy with yesterday's VIX action.
The VIX closed at 13.44 which was Neutral+.
That was a good thing, but what I wasn't happy with was the 16.60 gap that did NOT get filled. I don't like getting close to filling a gap and then not closing it because it often represents a higher risk situation where the gap gets filled later.
By Marty Chenard
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Marty Chenard is the Author and Teacher of two Seminar Courses on "Advanced Technical Analysis Investing", Mr. Chenard has been investing for over 30 years. In 2001 when the NASDAQ dropped 24.5%, his personal investment performance for the year was a gain of 57.428%. He is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.
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