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How to read and create your own charts, easy. See more
How you can get positioned into stocks I like best?
Get my alerts (before the breakout) and detailed updates during market hours. Free 7 Day Trial
The VIX has not been a useful indicator (in any way) to get a read on the market for several month so it’s therefor not been updated until now. I suggest to continue to focus on the individual stocks and/or major indexes to guide you on your trades.
This failed breakout attempt on the VIX gave us all the more confidence in our long positions this week.
The overall market hasn’t been all that exciting today …yet this index continues to show that fear is lessening and is bullish for stocks.
The fear in the market is real. Only question now is, how long before it goes away? We’ll take this one day at a time …and as always and be updating daily, during market hours to subscribers.