Tuesday, 26 June 2012

Volatility - still set to surge higher

The VIX had a pretty quiet day, closing lower by just 3%. Considering the main indexes, that decline is indeed just mere noise.


VIX, daily, rainbow

VIX, weekly


The 60min cycle is pretty low now, there should be good upside to around 22/24 by this Friday.

The weekly cycle continues to crawl upward..and is warning of 30s..even 40s in July.