The Market volatility index or (VIX) is widely referred to as the “fear index” I rarely mention it because I haven’t found it to be particularly useful for my style of trading. No fear in being in cash during uncertain times.
Here’s a BETTER EXPLANATION of what it is. The chart below shows the monthly trading data of the volatility index since 1990. It will be interesting to see if it makes a new all time high tomorrow (above 45.74). Will a breakout mean it gets “Wallstripped”? (:
Here’s a refresher on PROGRAM CURBS (just in case)