CBOE VOLATILITY INDEX

By root | June 28, 2006 AAA

For today's chart we've chosen to take a look at the CBOE Volatility Index because it is currently testing the support of an important moving average. As you can see from the chart below, today's 17.5% drop has sent the VIX below the support of the 50 DMA and now it is testing the combined support of the March/April highs and the 200 DMA. Traders would see a bounce off the nearby support ($13) as a sign of increased market volatility.



VIX_062906.gif




You May Also Like

Related Analysis
  1. Investing News

    Cost-Free Connection Of Target Groups To Marketers

  2. Stock Analysis

    Sirius XM and Pandora Can Both Still Win

  3. Stock Analysis

    Are Qualcomm's Chip Woes Just a Speed Bump?

  4. Stock Analysis

    Union Pacific Earnings Tap the Brakes

  5. Stock Analysis

    Vertex Earnings Preview: What You Should Know

Trading Center