Diminishing VIX Range
Diminishing VIX Range
Just want to put this one on the map for you guys. Word has it that today’s session produced the smallest VIX range ever!
Well, I haven’t spent any time verifying this but nevertheless – the ROC indicator on the VIX shows us a slow reversion toward zero. Now, you know what they say about shorting boring markets – but nevertheless in the past this usually indicated a medium term increase in volatility. Again, keep an eye on the currencies over night – that’s where the real action is happening.
Cheers,