Replies to post #54132 on Options Wonderland

[???]

$VIX 34x100 bull cross on the way

Just noticed that the $VIX, although not quite there yet, is .15 from a bull cross.

$VIX: 17.42
34: 21.96 (headed slightly up)
100: 22.09 (headed down)

34 crosses above the 100 = bullish



I know the markets are rigged, but that would be crazy if the NASDAQ got a double top and the $VIX a double bottom....


The NASDAQ has many times over the years reversed or found support around the area we are trading at right now...here is a 13 year weekly: