Why is the VIX holding steady?

[MrDODGE]

Any other day the Dow has been up 250+ points the VIX has fallen 10% or more. With the Dow up almost 400 points the VIX has only dropped about 4%.

Interesting.....

 

[JamesVU2000]

cuz its consolidating before moving higher

 

[R. Raskolnikov]

You are saying the VIX is consolidating and the market is poised to move lower?

Quote from JamesVU2000:

cuz its consolidating before moving higher

 

[JamesVU2000]

higher. the vix is going to go higher.

 

[MrDODGE]

Quote from JamesVU2000:

higher. the vix is going to go higher.

That would imply the market moving lower

 

[R. Raskolnikov]

Thats what I was trying to get at too.

Quote from MrDODGE:

That would imply the market moving lower

 

[Ivanovich]

Quote from JamesVU2000:

higher. the vix is going to go higher.

that's essentially what he said.

 

[andrewbee]

Quote from MrDODGE:

Any other day the Dow has been up 250+ points the VIX has fallen 10% or more. With the Dow up almost 400 points the VIX has only dropped about 4%.

Interesting.....

The VIX isn't correlated directly to volatility, only to the perception of future volatility. There's humans in the loop.

 

[scriabinop23]

VIX will not fall much until significantly more time passes without major blowups.

I think by March we'll be at 30-35 vix. March vix is at 48 right now...

 

[Wallace]

the vix has some way to go before it tops the oct 1987 h of 170+
but does look like it'll go higher - 120 anyone ?