
This is only a correction of maybe 1/3 of the recent gains
from 2300 to 2850-a normal correction.
Look up stockcharts .com and click market summary and go to vix indicator.
thanks newmoon for your post. Are we able to get volatility indicator from yahoo beta charts?
Hi newmoon, mind to share what is this vix indicator? You mean to-day correction is just the beginning?
The vix indicator is 12.30 from 9.81(all time low) today and the S&P/vix
ratio is 112.30 from a high of 150.
This indicates that the fear factor is setting in after months of complacency.
The correction is just beginning as the vix 40 days moving average(about 11) has been broken.