Certainly supports theory of a big market move down
Here is the first market internal X-ray, taken with less than 1 mSievert exposure, and 5 seconds to digest.
Clearly, volatility has formed a bull flag, that means volatility likely to continue going up. However, I wouldn't be the farm on this Xray alone.
At the bottom is Hawaii Trading's custom Vix, we call it VOS (Volatility on Steroids). It is a volatility ratio, which we think is harder to "game", in other words, more likely to nail the truth.
Xray of Market Internals
ReplyDeleteCertainly supports theory of a big market move down
Here is the first market internal X-ray, taken with less than 1 mSievert exposure, and 5 seconds to digest.
Clearly, volatility has formed a bull flag, that means volatility likely to continue going up. However, I wouldn't be the farm on this Xray alone.
At the bottom is Hawaii Trading's custom Vix, we call it VOS (Volatility on Steroids). It is a volatility ratio, which we think is harder to "game", in other words, more likely to nail the truth.
http://oahutrading.blogspot.com/2011/09/xray-of-market-internals.html