Day trading Market ,using Vix to show market volatility
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day trading vix[/caption] Day trading Market , VIX monthly chart
I put this monthly chart if Vix, to show you a big picture. The Red are, is everything below 20 points.For me is area where market is toff to trade as Swing trader or Day trader. As you ca see, we still in bearish movement on long term.13.00 - 12.70 points is a resistance for sellers to bring market volatility lower and keep market low. Last 3 months , we try to close under this resistance. Sellers keep try again and again, and even if they fail at the end of the months, they still pushing ViX at lower level. So what that mean? For me...stay away from the market right now, at least from Stocks. Is why I start to post more about other Commodity and Currency. (is a good part of market...when one index are in hight risk and out of "good profits" there are always something to trade ) [caption id="attachment_6347" align="alignright" width="150"][...]day trading course
