Volatility Index Update - October 19, 2016

Yesterday, the VIX had a down tick which was a positive since the VIX moves in the opposite direction of the stock market.

Yesterday, the VIX had a down tick which was a positive since the VIX moves in the opposite direction of the stock market.

However, there is a concern in the coming days which is that the VIX could hold its blue support line which would put it in danger of moving back up so be cautious.

Disclosure:

None.

STOCKS IN THIS ARTICLE

Comments